Government execution of MTD ‘out of control’ as costs spiral
HMRC

Government execution of MTD ‘out of control’ as costs spiral

11m Sam Alberti

Government execution of MTD ‘out of control’ as co...

The regime's total cost is now thought to be five times the original forecast Read More...

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Data science: the future of the tax industry
Making Tax Digital

Data science: the future of the tax industry

1y Greg Noble

Data science: the future of the tax industry

Accountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...

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Dext CEO: Accountants can ‘get ahead of the game’ with MTD ITSA delay
Making Tax Digital

Dext CEO: Accountants can ‘get ahead of the game’ with MTD ITSA delay

1y Sam Alberti

Dext CEO: Accountants can ‘get ahead of the game’ ...

While disappointing, the fresh postponement will allow accountants and bookkeepers to familiarise themselves with what’s to come, according to Sabby G...

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MTD for ITSA set to be postponed to 2026
Accounting Firms

MTD for ITSA set to be postponed to 2026

1y Greg Noble

MTD for ITSA set to be postponed to 2026

The original roll-out date 'was always going to be extremely difficult' to achieve, market participants have said Read More...

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MTD for income tax delay “welcome” but concerns remain, industry argues
Making Tax Digital

MTD for income tax delay “welcome” but concerns remain, industry argues

3y Sam Alberti

MTD for income tax delay “welcome” but concerns re...

The postponement must not distract from the "unmanageable" requirements of MTD Read More...

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Five tips for building a digital tax future
Accounting Software

Five tips for building a digital tax future

3y Tax Systems

Five tips for building a digital tax future

Tax Systems’ chief innovation officer Russell Gammon outlines key findings from their latest survey, in partnership with Accountancy Age, and provides...

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All systems go for MTD... but do errors exist in returns?
Making Tax Digital

All systems go for MTD... but do errors exist in returns?

3y Matt Lewis

All systems go for MTD... but do errors exist in r...

April 1 has been and gone so all eligible businesses must now comply with the final phase of MTD for VAT by implementing digital links from their sour...

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Support required as MTD for VAT enters next phase
Making Tax Digital

Support required as MTD for VAT enters next phase

3y Alexander Garrett

Support required as MTD for VAT enters next phase

Representatives of small businesses and the accountancy profession say a report on Making Tax Digital for VAT shows that HMRC should provide additiona...

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One million businesses re-brace for MTD for VAT – 1 April 2021
Making Tax Digital

One million businesses re-brace for MTD for VAT – 1 April 2021

3y Richard Asquith

One million businesses re-brace for MTD for VAT – ...

By Richard Asquith, VP global indirect tax at Avalara Read More...

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Should you use your Phase 1 MTD software for Phase 2?
HMRC

Should you use your Phase 1 MTD software for Phase 2?

3y Matt Lewis

Should you use your Phase 1 MTD software for Phase...

The tight timeframes we saw under Making Tax Digital (MTD) Phase 1 saw many businesses adopt a “compliance first” approach to MTD software. Focused on...

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2021: A mammoth year for tax compliance – are you ready?
Brexit

2021: A mammoth year for tax compliance – are you ready?

3y Sage | Sponsored

2021: A mammoth year for tax compliance – are you ...

Accounting and payroll professionals have been called superheroes of the business world for their incredible response to the pandemic in 2020 and for ...

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Making Tax Digital and PESM
Making Tax Digital

Making Tax Digital and PESM

4y Matt Lewis

Making Tax Digital and PESM

Partial Exemption Special Method (PESM) doesn’t have to be part of MTD for VAT but it makes a lot of sense to automate it, as Matt Lewis explains Read...

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Tax partners raise MTD queries
Making Tax Digital

Tax partners raise MTD queries

4y Leanna Reeves

Tax partners raise MTD queries

Tax partners say MTD’s goals still remain unclear Read More...

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MTD extension opens opportunities for tech vendors
Making Tax Digital

MTD extension opens opportunities for tech vendors

4y Leanna Reeves

MTD extension opens opportunities for tech vendors

HMRC’s draft tax system agenda to expand the customer base of software providers Read More...

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VAT as a business-critical process
Corporate Tax

VAT as a business-critical process

4y Matt Lewis

VAT as a business-critical process

Regulatory scrutiny and changing economic conditions have combined to make VAT a business-critical process, says Matt Lewis Read More...

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Proving compliance
HMRC

Proving compliance

4y Tax Systems

Proving compliance

By Jane Malkin, director of tax technology, Tax Systems Read More...

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Myths and misinformation around MTD Phase 2
Making Tax Digital

Myths and misinformation around MTD Phase 2

4y Matt Lewis

Myths and misinformation around MTD Phase 2

There is still a great deal of confusion over the MTD for VAT process, particularly when it comes to phase 2 – the mandation of digital links. This is...

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What is a Digital Link?
HMRC

What is a Digital Link?

4y Matt Lewis

What is a Digital Link?

The second phase of MTD for VAT will see businesses required to implement digital links to create an end-to-end digital reporting process. But what IS...

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Is MTD a solution to an old way of working?
Making Tax Digital

Is MTD a solution to an old way of working?

5y Chris Jewers

Is MTD a solution to an old way of working?

As more advanced tax technologies become commonly used, employing AI and real-time data feedback, will the problem MTD is trying to solve become obsol...

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Podcast: Inside Accountancy Episode 6 - The future of MTD
Making Tax Digital

Podcast: Inside Accountancy Episode 6 - The future of MTD

5y Tom Lemmon

Podcast: Inside Accountancy Episode 6 - The future...

In our latest podcast, Andy Dancer, CTO of Tax Systems, talks to Tom Lemmon about what to expect in the next phases of MTD. Read More...

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Re-clench for MTD 2020: Three major changes
HMRC

Re-clench for MTD 2020: Three major changes

5y Richard Asquith

Re-clench for MTD 2020: Three major changes

It is the April 2020 phase of MTD introduction that will cause most issues. How are the three reforms going to affect over one million VAT registered ...

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First six months of MTD compliance generated £815m for SMEs
HMRC

First six months of MTD compliance generated £815m for SMEs

5y Leanna Reeves

First six months of MTD compliance generated £815m...

Report claims that small businesses have benefited from MTD through increased productivity and growth, generating over £815m over six months after its...

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Accountancy encourages digital-first formats, research shows
Making Tax Digital

Accountancy encourages digital-first formats, research shows

5y Shannon Moyer

Accountancy encourages digital-first formats, rese...

The latest Global Business Complexity Index indicates that digital-first taxes and auditing has precedent to become the new normal, but an internation...

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For charities, MTD regulation deadline is just around the corner
HMRC

For charities, MTD regulation deadline is just around the corner

5y Leanna Reeves

For charities, MTD regulation deadline is just aro...

HMRC is expecting all charities registered for VAT in the UK to enact the new regulation by October. Read More...

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Making Tax Digital: What's coming next?
Making Tax Digital

Making Tax Digital: What's coming next?

5y Tom Lemmon

Making Tax Digital: What's coming next?

MTD experts Brian Palmer and Kingsley Samson talk to Accountancy Age and explain how the next stages of the MTD revolution will impact accountants. Re...

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MTD for VAT returns: a corporate viewpoint
Making Tax Digital

MTD for VAT returns: a corporate viewpoint

5y Leanna Reeves

MTD for VAT returns: a corporate viewpoint

Accountancy Age spoke with Steve Smith, Europe Proposition Lead, Corporates at Thomson Reuters, about Making Tax Digital, to get the corporate perspec...

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What does the future hold for tax professionals?
Making Tax Digital

What does the future hold for tax professionals?

5y Jay Ashar

What does the future hold for tax professionals?

Tax leaders must be certain that the tax function is geared up to recruit, manage and nurture the very different tax professionals of tomorrow Read Mo...

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