Making Tax Digital (MTD) For VAT Making Tax Digital for VAT requires VAT registered business with a taxable turnover above the VAT registration threshold (currently £85,000) to keep digital VAT business records and send returns using Making Tax Digital (MTD)-compatible...
2019/20 tax year: 10 Things You Need To Know New tax year in UK brings a raft of tax changes that you simply can’t afford to ignore as they all come into force in the coming months. We have provided some of 10 key changes and the proposed implementation dates. National Living...
Do I Have To Register For Vat VAT is one of the things all businesses need to be aware of. It’s important, for example, to understand what the VAT threshold is and when you need to register for VAT. It’s also important to consider what benefits you might get from...
Tax Return: Who Needs To Complete The tax year in UK is from 6 April to 5 April the following year. Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses...

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