by Daniel Moss | Oct 5, 2018 | Uncategorized
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...
by Daniel Moss | Sep 26, 2018 | Uncategorized
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...
by Daniel Moss | Sep 21, 2018 | Uncategorized
The right direction In principle it is hard to argue with HMRC’s overriding vision of a more technology led tax system. Many public sector bodies have already implemented systems to bypass manual processes, a great example being the abolition of tax discs for motor...
by Daniel Moss | Aug 7, 2018 | Uncategorized
We have submitted our first Making Tax Digital compliant VAT return! Why We wanted to embrace HMRC’s Making Tax Digital initiative so that our clients can adapt to the new legislation early and remain ahead of the curve. We have managed to become one of the first UK...
by Daniel Moss | Jul 17, 2018 | Uncategorized
17th July Our demo to HMRC has been completed successfully. We are now in a position to apply for our production credentials required to submit live VAT returns as part of the controlled go live pilot. A separate application to be admitted to the pilot will be made...
by Daniel Moss | Jul 13, 2018 | Uncategorized
13th July Development completed!!! We are now coordinating with HMRC to arrange a date to demo the functionality we have built, once we have approval from HMRC we will be able to submit our first tax return as a part of our pilot, before rolling out to our entire...
