Fifth of micro-businesses unaware of Making Tax Digital
Corporate Tax

Fifth of micro-businesses unaware of Making Tax Digital

7y Accountancy Age

Fifth of micro-businesses unaware of Making Tax Di...

Research also finds that 84% of businesses believe that the government has not provided enough information about digital tax plans Read More...

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Treasury Select Committee report released on Making Tax Digital
Accounting Standards

Treasury Select Committee report released on Making Tax Digital

7y Stephanie Wix , Writer

Treasury Select Committee report released on Makin...

Committee expresses concern about costs to businesses and April 2018 implementation date Read More...

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HMRC cuts over 150 offices to reduce running costs
Corporate Tax

HMRC cuts over 150 offices to reduce running costs

7y Stephanie Wix , Writer

HMRC cuts over 150 offices to reduce running costs

Drastically fewer offices for HMRC in the hope to reduce their running costs Read More...

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Making Tax Digital: the "unexpected item in the bagging area"
Accounting Standards

Making Tax Digital: the "unexpected item in the bagging area"

7y Stephanie Wix , Writer

Making Tax Digital: the "unexpected item in the ba...

Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Maki...

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Practices join forces to launch TaxGo digital service
Accounting Firms

Practices join forces to launch TaxGo digital service

7y Kevin Reed , Writer

Practices join forces to launch TaxGo digital serv...

Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers Read More...

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The Practitioner: Costs climb, but speculating to accumulate
Accounting Firms

The Practitioner: Costs climb, but speculating to accumulate

7y The Practitioner

The Practitioner: Costs climb, but speculating to ...

The Practitioner ramps up overheads in a bid to bring in more clients...but will any clients want their tax dealt with when Making Tax Digital comes i...

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PAC raises “serious concerns” about HMRC’s digital plans
Corporate Tax

PAC raises “serious concerns” about HMRC’s digital plans

7y Stephanie Wix , Writer

PAC raises “serious concerns” about HMRC’s digital...

An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans Read More...

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Friday Afternoon Live: British Accountancy Awards hangover + Tyrie suggests MTD delay
Accounting Firms

Friday Afternoon Live: British Accountancy Awards hangover + Tyrie suggests...

7y Kevin Reed , Writer

Friday Afternoon Live: British Accountancy Awards ...

The mornings after the night that was the British Accountancy Awards; and Andrew Tyrie's latest thoughts on Making Tax Digital timing Read More...

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"Not enough time" to implement MTD by 2018, says Tyrie
Corporate Tax

"Not enough time" to implement MTD by 2018, says Tyrie

7y Stephanie Wix , Writer

"Not enough time" to implement MTD by 2018, says T...

Andrew Tyrie suggests there will not be enough time to implement Making Tax Digital (MTD) by April 2018 Read More...

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Autumn Statement: MTD followup in New Year, frustrating some advisers
Accounting Software

Autumn Statement: MTD followup in New Year, frustrating some advisers

7y Stephanie Wix , Writer

Autumn Statement: MTD followup in New Year, frustr...

Making Tax Digital responses to the consultations expected in January 2017 Read More...

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Autumn Statement: “Consistency” in the light of Brexit
Corporate Finance

Autumn Statement: “Consistency” in the light of Brexit

7y Stephanie Wix , Writer

Autumn Statement: “Consistency” in the light of Br...

With the Autumn statement imminent, the chancellor is expected to keep “consistency” due to the uncertainty looming over Brexit Read More...

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Five key tax and business burdens the chancellor must ease in Autumn Statement
Business Regulation

Five key tax and business burdens the chancellor must ease in Autumn Statem...

7y Kevin Reed , Writer

Five key tax and business burdens the chancellor m...

Alleviating tax red tape, and stronger investment incentives, are key requests for the chancellor Philip Hammond to consider from the ACCA Read More...

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MTD described as ‘insufficient’ and ‘unrealistic’ via major institute research
Corporate Tax

MTD described as ‘insufficient’ and ‘unrealistic’ via major institute resea...

7y Stephanie Wix , Writer

MTD described as ‘insufficient’ and ‘unrealistic’ ...

Accountants continue to pile pressure on HMRC to backtrack on its proposals for Making Tax Digital - with the consultation period set to end Read More...

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Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduct guidance
Corporate Tax

Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduc...

7y Kevin Reed , Writer

Friday Afternoon Live: Making Tax Digital; CIMA pr...

Making Tax Digital; CIMA's president taking up the chair role of its jointly-founded new international organisation; and new tax adviser conduct rules...

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Making Tax Digital deadline is ‘unachievable’
Corporate Tax

Making Tax Digital deadline is ‘unachievable’

7y Stephanie Wix , Writer

Making Tax Digital deadline is ‘unachievable’

The deadline set by HMRC for the digitalisation of tax is ‘unachievable’ according 76% of tax professionals in a survey revealed by Brewer Morris Rea...

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Making Tax Digital project must be reset, experts tell MPs
Corporate Tax

Making Tax Digital project must be reset, experts tell MPs

8y Andrew Goodall

Making Tax Digital project must be reset, experts ...

Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small bus...

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Making Tax Digital – we're ready with Xero, says MacIntyre Hudson
Accounting Firms

Making Tax Digital – we're ready with Xero, says MacIntyre Hudson

8y Stephanie Wix , Writer

Making Tax Digital – we're ready with Xero, says M...

MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records Read More...

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MTD - yes please, but with major caveats
Accounting Software

MTD - yes please, but with major caveats

8y Accountancy Age

MTD - yes please, but with major caveats

The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technolo...

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SMEs at risk of digital exclusion, finds ICAEW
Governance

SMEs at risk of digital exclusion, finds ICAEW

8y Stephanie Wix , Writer

SMEs at risk of digital exclusion, finds ICAEW

Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW Read More...

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MTD a 'multi-billion pound cost' to SMEs, warns senior practitioner
Accounting Firms

MTD a 'multi-billion pound cost' to SMEs, warns senior practitioner

8y Kevin Reed , Writer

MTD a 'multi-billion pound cost' to SMEs, warns se...

Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief exec...

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Five million already using PTAs, but is MTD too much for HMRC?
Personal Tax

Five million already using PTAs, but is MTD too much for HMRC?

8y Stephanie Wix , Writer

Five million already using PTAs, but is MTD too mu...

Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said Read More...

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Top 50+50: Demand for tax advisory services remains high, but fee pressure is expected in relation to compliance services
Corporate Tax

Top 50+50: Demand for tax advisory services remains high, but fee pressure ...

8y Accountancy Age

Top 50+50: Demand for tax advisory services remain...

The demand for tax advisory services remains high and this looks to continue; but fee pressure is expected in relation to compliance services as the “...

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Making tax digital needs a delay, agrees ATT
Making Tax Digital

Making tax digital needs a delay, agrees ATT

8y Stephanie Wix , Writer

Making tax digital needs a delay, agrees ATT

Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay Read More...

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Don’t let caution stall the digital tax revolution
Corporate Tax

Don’t let caution stall the digital tax revolution

8y Richard Crump , Writer

Don’t let caution stall the digital tax revolution

While some resistance to change is to be expected, the degree of controversy surrounding HMRC's Making Tax Digital proposals has surprised the governm...

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Chancellor warned over implementation of HMRC’s digital tax reforms
Tax Bodies

Chancellor warned over implementation of HMRC’s digital tax reforms

8y Richard Crump , Writer

Chancellor warned over implementation of HMRC’s di...

Andrew Tyrie, chairman of the Treasury Committee, has written to chancellor Philip Hammond to urge caution over the implementation of HMRC’s Making Ta...

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HMRC to shake up its organisational structure
Tax Bodies

HMRC to shake up its organisational structure

8y Richard Crump , Writer

HMRC to shake up its organisational structure

HMRC has announced plans to shake up its organisational structure as part of transformation plans to become a more digitally-focused tax authority Rea...

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HMRC's digital tax plans delayed until 2019
Tax Bodies

HMRC's digital tax plans delayed until 2019

8y Accountancy Age

HMRC's digital tax plans delayed until 2019

HMRC’s digital tax plans have been delayed until 2019 so that large businesses have enough time to adjust, it was announced at the taxman’s annual con...

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