Accountancy Tag

What is MTD for VAT?Making tax digital (MTD) for VAT requires VAT registered businesses to keep records digitally and file their VAT returns using compatible software.Compatible software must be capable of:recording and preserving digital records; andcommunicating digitally with HMRC through their API platform.The software can...

Why should I file my tax return early? The deadline for filing your self assessment tax return is 31st January each year, however it can be done any time after 6th April. The deadline for payment is also 31st January. More than 77,500 tax payers submitted their...