VAT Penalty Regime from 2023
Filing a VAT return or paying the tax office is all a business needs to know after registering for VAT. Once your business has a VAT number, it means you are obliged to make regular VAT returns. You can read about the detailed VAT points system and the latest penalty...
Mini-budget 2022：What has been announced?
The mini-budget released today is arguably the first official budget statement issued by the new prime minister since taking office. Many people are expecting a series of effects from these changes. The budget covers tax changes to drive economic growth and improve...
MTD for Income Tax (MTD ITSA)
HMRC has published a Making Tax Digital Guide to assist taxpayers and self-employed individuals in their income tax self-assessment. This guide (MTD ITSA) will provide taxpayers with greater clarity and explain some frequently asked questions. Register with MTD ITSA...
Making Tax Digital (MTD) for VAT
MTD (Making Tax Digital), mentioned many times in our previous articles, has been updated again recently. This will affect all businesses paying VAT. We recently received a letter from HMRC and delivered important information to our customers as soon as possible. From...
