A basic level of IT literacy combined with investment in training and personal development is essential for staff and new hires at accountancy firms t...
View articleHMRC intends to atone for poor communications during MTD for VAT, a spokesperson said Read More...
View articleExperts advise a highly structured approach to planning in order to achieve compliance on time Read More...
View articleScepticism among the smallest businesses poses a key challenge for advisers Read More...
View articleBut practices must also find a way to manage the increased workload Read More...
View articleWith Making Tax Digital for VAT changes due in April, Zoho’s Prashant Ganti discusses and addresses the challenges with these new measures Read More...
View articleBoth practices and clients must adopt new digital solutions to ensure they are MTD compliant by April 2024 Read More...
View articleSmall businesses should review end-to-end VAT process to ensure it is fully compliant with the upcoming MTD for VAT rules Read More...
View articleResearch has shown a widespread scepticism among small businesses in the UK Read More...
View articleThe recent increase in the VAT tax gap sees many expect partial exemption will come into the scope of HMRC’s MTD initiative, according to Garry Young,...
View articleEmma Rawson, technical officer at the Association of Taxation Technicians, outlines the key takeaways for advisers and businesses following the announ...
View articleThe postponement must not distract from the "unmanageable" requirements of MTD Read More...
View articleWith the deadline on the horizon, accounting software provider Sage breaks down the complexities of MTD for Income Tax and how landlords could fall wi...
View articleThe onus is on businesses to achieve MTD compliance, but this process is hindered by complicated and expensive software Read More...
View articleApril 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...
View articleThe UK's plan to digitalise the tax system is well underway Read More...
View articlePartial 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...
View articleTax partners say MTD’s goals still remain unclear Read More...
View articleHMRC’s draft tax system agenda to expand the customer base of software providers Read More...
View articleCleansing and analysing your data can save you time and help you use your data more intelligently, as Alastair Sharp explains Read More...
View articleRemote working, coupled with the need to ‘do more with less’, is spurring uptake, as Andy Mills explains Read More...
View articleThere 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...
View articleThe 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...
View articleWhile digital transformation within tax was in motion, MTD kickstarted a revolution in technological capabilities for those within the profession. But...
View articleAs more advanced tax technologies become commonly used, employing AI and real-time data feedback, will the problem MTD is trying to solve become obsol...
View articleThe upcoming MTD rollouts open up avenues for accountancy firms to update their technology, but these technological changes may place undue stress on ...
View articleIn 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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