HMRC Update: Letters to businesses regarding Making Tax Digital
HMRC are resuming activities to remind businesses to sign up for Making Tax Digital for VAT. This includes issuing letters to businesses.
HMRC announces extension of soft landing period for Making Tax Digital
The soft landing period for Making Tax Digital for VAT was due to end as of 31st March 2020, However, the soft landing period will now extend and end for VAT periods starting on or after 1st April 2021.
HMRC Update: Deferral of VAT payments due to Coronavirus
HMRC has released information for businesses due to make a VAT payment between 20th March 2020 and 30th June 2020. This is to help businesses manage their cash flow during this period.
HMRC Update: Planned MTD for VAT service downtime
HMRC has issued details of planned downtime, which will mean some services are unavailable.
Are you ready? The MTD for VAT soft landing period is ending in April
The first wave of mandated businesses are due to come out of soft landing effective from their first VAT return period starting on or after April 1st 2020.
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.
HMRC Update: VAT Notice of Assessment of Tax Letters
HMRC have advised that some letters for “VAT Notice of Assessment of Tax” recently sent to Making Tax Digital customers were issued in error.
HMRC Update: Planned Downtime
HMRC has issued details of planned downtime, which will mean some services are unavailable between 17th and 19th August 2019.
What to do if you missed the MTD for VAT deadline
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 Update: Planned Downtime
HMRC has issued details of planned downtime, which will mean some services are unavailable between 17th and 19th August 2019.