We are pleased to announce that we are now recognised as Platinum Xero Partners! Xero is a simplified, cloud-based bookkeeping system which is compatible with Making Tax Digital for VAT purposes. There are many benefits to using Xero for your business such as Direct...
As you know Making Tax Digital (MTD) came into play earlier this year meaning that UK businesses that are VAT registered and have a turnover above the £85,000 VAT threshold will be required to keep their records digitally and submit VAT returns to HMRC using...
Should I have signed up at 1 April 2019? Even though Making Tax Digital (MTD) start date is 1 April 2019, it is essential that you ensure you have filed your last vat return on the old HMRC system BEFORE you sign up for MTD. For example, for QE 31 March 2019 VAT...
Digital record keeping requirements: Treatment of supplier statements or individual invoices The Croner Taxwise VAT Advice line has received numerous calls from accountants whose clients receive large numbers of invoices from single suppliers, such as builder’s...
