Making Tax Digital is the biggest legislation change to the UK tax system in a generation. It was created with the objective of making it easier for individuals and businesses to get their tax right and keep on top of their affairs. HMRC’s aim is to become one of the most digitally advanced tax administrations in the world. Making Tax Digital is making important changes to the way the tax system works. It aims to transform tax administration so that it is more effective, more efficient, and easier for taxpayers to get their tax right.
Making Tax Digital (MTD) for VAT has applied to all VAT-registered businesses since April 2022 and MTD for Income Tax is being phased in from April 2026. Here are 5 steps you must take to comply
There’s been a lot of misinformation around Making Tax Digital (MTD), leaving many businesses wondering how exactly it applies to them, what their responsibilities are, and whether it will affect their tax liability.
HMRC has confirmed that the Making Tax Digital for Income Tax Self-Assessment mandate will be delayed until 2026 and will launch using a phased approach.
Every VAT-registered business will have to register with Making Tax Digital from 1 April. Fabiano Rocha of Sage explains how HMRC digital VAT reporting is changing and what future changes we can expect
HMRC’s new penalty regime is intended to be fairer and less severe in order to promote more timely submissions. We explain how it works and when it comes into force
In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?
As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?
Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings