HMRC Update: New Rules on Group VAT Eligibility
From November 1st 2019, the eligibility criteria for VAT grouping were extended to allow individuals, partnerships, and Scottish partnerships to group with UK corporate bodies.
From November 1st 2019, the eligibility criteria for VAT grouping were extended to allow individuals, partnerships, and Scottish partnerships to group with UK corporate bodies.
Although Making Tax Digital was mandated for the majority of UK VAT registered entities from April 1st 2019, some businesses are still unsure about what it’s all about. We take you back to the basics and answer some frequently asked questions.
HMRC have advised that some letters for “VAT Notice of Assessment of Tax” recently sent to Making Tax Digital customers were issued in error.
MTDfVAT has an exciting new update, sure to make your life easier if you’re looking after a group of companies’ VAT Return.
HMRC has issued details of planned downtime, which will mean some services are unavailable between 17th and 19th August 2019.
With the deadline for leaving the EU set for 31st October 2019, a no-deal Brexit will mean immediate changes to the way UK businesses trade with the EU.
The latest version of our MTD for VAT Excel template is now available. If you're using our template, download the updated version here.
If you missed the 7th August MTD for VAT deadline you’re not alone. HMRC have reported that 76% of stagger one businesses (370,000 businesses) had signed up on time.
HMRC has issued details of planned downtime, which will mean some services are unavailable between 17th and 19th August 2019.
With the deadline to sign up to pay your VAT return by direct debit under MTD for VAT now passed, HMRC have issued an update to reassure businesses who missed the registration window. In their latest communication, HMRC advised that businesses who missed the sign-up window will not be penalised this time, and those businesses [...]