Digital Linking: Your options
Having successfully filed your first MTD VAT submissions, now is the time to ask if you are prepared for the next phase. This will see the introduction of the digital
Having successfully filed your first MTD VAT submissions, now is the time to ask if you are prepared for the next phase. This will see the introduction of the digital
Tax compliance has historically relied upon specialist skills enhanced by digital tools but we’re now at a turning point. Human efforts alone are unlikely to be sufficient to meet regulatory
The UK legislation in relation to the taxation of Real Estate Investments Trusts (REITs) was introduced some time ago now in Finance Act 2006, with the first date a company
Most businesses will have now made their initial MTD for VAT return but there’s a contingent of deferred organisations (3.5% equivalent to 1.1 million) who will only be taking their
In the latest episode of Inside Accountancy, Andy Dancer, CTO of Tax Systems, talks to Accountancy Age reporter, Tom Lemmon about what to expect as Making Tax Digital (MTD) moves into
Partial Exemption (PE), as specified under VAT Notice 706, is a notoriously complex area as HMRC readily acknowledges. It admits PE can “involve a significant amount of administration for businesses, with
If the introduction of the enhanced Business Risk Review+ (BRR+) by HMRC on 1 October 2019 passed you by, you’re not alone. A snap poll of ICAEW members and non-members
MTD for VAT presents not just an opportunity to digitalise but to streamline the tax process to create efficiency and reduce risk. Gathering and calculating returns is highly labour intensive.
It’s never been more exciting to be in the tax sector. Transformation is happening on all fronts, from the digitalisation of taxes to the changing role of the tax professional
HMRC now lists over 400 compliant software solutions, ranging from bridging solutions to add-ons for accountancy packages to fully compliant end-to-end offerings. But differentiating between these can be difficult. There’s