No VAT penalty if you missed the first quarterly MTD deadline
Morgan Davies2019-09-03T09:12:00+00:00If you pay your VAT quarterly by direct debit the sign-up window has closed for the 7 August (30 June quarter) submission.
If you pay your VAT quarterly by direct debit the sign-up window has closed for the 7 August (30 June quarter) submission.
The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos.
A recent case before the tax tribunal saw the liability for a late VAT registration penalty being passed on to a manager of the company.
How do you scale up your business and take it to a new level?
A scale-up business is any firm that is looking to grow in terms of market access, revenues, and number of employees, adding value by identifying and realising new opportunities.
HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system.
The government has launched a consultation on proposed reforms at Companies House, including a 'major upgrade' of its register.
No one has a bigger impact on a new employee's success than the manager who hired them.
Business groups, including the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI), have commented on the six-month 'flexible' extension of Article 50, granted to the UK by EU leaders.
HMRC has published a list of businesses that have not met their obligations under the Money Laundering Regulations.
HMRC has issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period starting on or after 1 May 2019.