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...

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...

Day 44 – Making Tax Digital

  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...

Day 40 – Making Tax Digital

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...