MTD and Brexit cause HMRC helpline delays

Business owners calling HMRC's VAT helpline for assistance have experienced increasing delays in the first part of this year, with Brexit and Making Tax Digital (MTD) putting pressure on resources. Correspondence from HMRC to the Treasury select committee shows...

Early MTD sign-ups could result in penalties

Businesses that signed up to Making Tax Digital (MTD) before they were ready to meet the requirements could risk incurring penalties, the Association of Taxation Technicians (ATT) has warned. MTD for VAT came into force on 1 April 2019, requiring VAT-registered...

Early MTD sign-ups could result in penalties

Businesses that signed up to Making Tax Digital (MTD) before they were ready to meet the requirements could risk incurring penalties, the Association of Taxation Technicians (ATT) has warned. MTD for VAT came into force on 1 April 2019, requiring VAT-registered...

HMRC extends MTD for VAT pilot

More than half a million businesses are now able to test out digital tax reporting for VAT, after HMRC extended its Making Tax Digital (MTD) for VAT pilot scheme to sole traders and companies. From 1 April 2019, VAT-registered businesses with a taxable turnover of...