Changes to VAT penalties and interest from 01 January 2023

MTD for VAT brings in up to an extra £195 million in tax Estimates show that up to £195 million in extra tax revenue has been collected via Making Tax Digital for VAT (MTD for VAT), according to research from HMRC.The research, conducted by HMRC and peer reviewed by independent academics, showed that in 2019/20…

Budget 2021

MTD for VAT brings in up to an extra £195 million in tax Estimates show that up to £195 million in extra tax revenue has been collected via Making Tax Digital for VAT (MTD for VAT), according to research from HMRC.The research, conducted by HMRC and peer reviewed by independent academics, showed that in 2019/20…

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Update on Government schemes in response to COVID-19

MTD for VAT brings in up to an extra £195 million in tax Estimates show that up to £195 million in extra tax revenue has been collected via Making Tax Digital for VAT (MTD for VAT), according to research from HMRC.The research, conducted by HMRC and peer reviewed by independent academics, showed that in 2019/20…

Autumn Budget 2017

MTD for VAT brings in up to an extra £195 million in tax Estimates show that up to £195 million in extra tax revenue has been collected via Making Tax Digital for VAT (MTD for VAT), according to research from HMRC.The research, conducted by HMRC and peer reviewed by independent academics, showed that in 2019/20…