New VAT penalty regime – the changes explained
A new VAT penalties regime was brought in this month, and any firms or individuals missing their filing deadline from January 2023 onwards will receive penalty points even if there…
MTD for ITSA delayed until April 2026 – what does this mean for you?
Making Tax Digital (MTD) has been on the cards for years now, with businesses already pushed towards dealing with their VAT this way. But plans to extend this for Income…
VAT and COVID – what you need to know if you still have delayed payments outstanding
All deferred VAT payments should have been dealt with by now, but HMRC has flagged in its latest bulletin for August that if your business is one of those that still…
Last chance to make sure your business is ready for MTD
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date…