HMRC announcements

Are HMRC setting up as tax advisors?

The following caught my attention today: Growing businesses to benefit from expert tax support A new service to directly help mid-sized businesses as they expand and grow, has been launched today by HM Revenue and Customs (HMRC). There are around 170,000 mid-sized businesses registered in the UK. Businesses with either a turnover of more than… Continue reading Are HMRC setting up as tax advisors?

Landmark updates · Uncategorized

MTDfB Video now available

I have now produced a client information video regarding the current state of play of the MTDfB changes announced late last month. The video has a professionally recorded sound track, animated text and graphics, and provides a short but clear explanation of the revised roll-out from April 2019. Feedback has been encouraging. I really do… Continue reading MTDfB Video now available

UK tax

Transforming the VAT return into an MTDfB Tax Return

I wasn’t in my bath when I had this particular Eureka moment, I was actually discussing the MTDfB changes with HMRC’s implementation team following the annoncements made last week. In a nut-shell, it occurred to me that with a few changes (inexpensive changes!) the humble VAT return, which is already filed online, could be changed… Continue reading Transforming the VAT return into an MTDfB Tax Return