Millions of people will have to follow new rules for submitting their tax returns to HMRC from today. Making Tax Digital is a ...
UK VAT registered businesses who are yet to sign up for the so-called Making Tax Digital (MTD) by today will fall foul to non-compliance, penalties and an inability to file their VAT returns. The ...
HM Revenue and Customs (HMRC) has issued an urgent warning to businesses across the UK, reminding them that from Tuesday, November 1, they will no longer be able to use their existing Value Added Tax ...
The UK tax authority first introduced its Making Tax Digital (MTD) scheme for VAT-registered businesses in 2022.