Changes to VAT penalties and interest from 01 January 2023

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

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New VAT penalty regime and other VAT news

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

1.25% increase to NIC and dividend tax ratesĀ 

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

Budget 2021

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

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Update on Government schemes in response to COVID-19

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

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COVID-19 Government schemes to help

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

Dividend 2017/18 and 2018/19

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

Autumn Budget 2017

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…

Changes to flat-rate VAT in more detail with examples

Making Tax Digital for VAT HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months.Essentially, the public pilot is now open to sole traders and companies using standard VAT…