Making Tax Digital
April 4, 2022
Since April 2019, VAT registered businesses with a taxable turnover above the VAT threshold (currently £85,000) have needed to keep VAT records digitally and send returns using Making Tax Digital (MTD) compatible software.From April 2022, these requirements will apply to al...
MTD Deadline Looming
July 22, 2019
Making Tax Digital for VAT began on 1st April 2019. Under the initiative, most VAT registered businesses with a turnover above the £85k threshold have to keep digital records and file their VAT returns using HMRC recognised software such as Xero.For businesses whose qu...
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Self Assessment Deadline
January 16, 2025
In figures published by HMRC on 6.1.25 there were 5.4 million customers who still needed to complete and pay their Self Assessment. The deadline for submitting the return and paying any due tax is the 31st January. Even if you don't think you are liable to pay any tax you must still submit you...
