As the deadline for Making Tax Digital (MTD) for VAT approaches, accountants urge businesses to choose wisely when it comes to adopting MTD compliant software to ensure a smooth transition. “The first ...

Since the Government announced in its 2015 Budget to ‘end the tax return,’ as we know it by digitalising VAT from 1st April this year, a number of accounting software providers have sprung up to offer ...

The tight timeframes we saw under Making Tax Digital (MTD) Phase 1 saw many businesses adopt a “compliance first” approach to MTD software. Focused on satisfying the immediate minimum requirements, ...

LINCOLN, England & FORT WORTH, Texas--(BUSINESS WIRE)--ECi Software Solutions, a leader in cloud-based business management solutions, today announced its new Making Tax Digital (MTD) portal for ...

HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world, but how does it hope to get there The answer is through the introduction of Making Tax Digital (MTD), ...

Making Tax Digital (MTD) for VAT came into force in the UK on April 1 2019, but many businesses and accountants affected by the new rules are still trying to sort the fact from the fiction. Many are ...

It’s been over two and a half years since HMRC went live with its Making Tax Digital (MTD) for VAT pilot. Since April 2019, UK businesses above the £85,000 VAT threshold have been tasked with ...

As from 1st April 2019, Making Tax Digital (MTD) for VAT will swing into action. This means that for all businesses that have an annual taxable turnover of over £85,000, ie taxable supplies that are ...