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University of My Digital Accounts
University of My Digital Accounts

The motto of the famous Yale University is “Lux et Veritas”, meaning “Light and truth”, and looking a bit closer to home, the Liverpool John Moores University will tell you that “Fortune assists the bold”. Both are very profound, but at My Digital Accounts, we like to...

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MTD for VAT, what is a digital link?

MTD for VAT, what is a digital link? Can spreadsheets be used for MTD? HMRC’s MTD (Making Tax Digital) initiative comes into force in April 2019. With 9 months to go, there were still many questions unanswered for those following its developments and HMRC attempted to...

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HMRC remove the mask for disguised remuneration

What is Disguised Remuneration? HMRC define disguised remuneration (DR) as: …tax avoidance schemes claim to avoid the need to pay Income Tax and National Insurance contributions. They normally involve a loan or other payment from a third-party which is unlikely to...

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