COVID-19 support: VAT

  Last updated: 25/03/2020 We appreciate these are very challenging and uncertain times for individuals and businesses and are really hoping that the situation improves sooner rather than later. Rest assured that we are here to help as much as we can. As such, in...

How to apply for more time for MTD digital links

  For VAT periods starting on or after 1 April 2020 (or 1 October 2020 for deferred businesses) your accounting systems must use digital links for any transfer or exchange of data between software programs, products or applications used as functional compatible...

New VAT rules for the construction sector

Under new rules due to come in on 1 October 2019 builders, subcontractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. Under the new rules, supplies of standard or reduced-rated building...

Making tax digital is now a reality

Making tax digital (MTD) is now law for all VAT registered businesses with turnover over £85,000. This new law requiring Digital record keeping and filing of VAT returns via the MTD portal came into force on the 1 April 2019. This means change for many businesses but...