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Results: 81-90 of 1703

8 Jan 2019

Making Tax Digital (MTD) is to come into effect on the 1st of April 2019, find out what you need to do and more helpful tips.

7 Jan 2019

The APPCG hope you can join their next meeting on the latest updates from Manchester and London.

18 Dec 2018

Fidelity is predicting a 20-70% correction in retail property as the sector gets de-rated due to rent cuts.

18 Dec 2018

The construction of a new cycle route in London is set to begin in 2019, as part of the Vision Zero ambition to tackle poor air quality and congestion.

13 Dec 2018

Cycling's contribution to stopping climate change

12 Dec 2018

A combined bookshop, café, deli & homeware shop based in St Boswells, in the rural Scottish Borders, has been named Britain's Best Small Shop of 2018 at an event at the Houses of...

11 Dec 2018

Peak District based Juicy has joined forces with popular European brand Neomouv to better respond to the needs of the growing ebike market. 

10 Dec 2018

To promote the coming-soon loyalty, gifting and promotions app - booost, a competition was run offering retailers free access and prizes.

7 Dec 2018

Invest in your staff this Christmas

7 Dec 2018

From Monday 10th of December until 31st of January 2019 all paying ActSmart subscribers can save a third on all in-store workshop stationery and POS materials.

Making Tax Digital pilots and webinars available

Posted on in Business News , Cycles News , Political News

HMRC has the ambition to become one of the most digitally advanced tax administration in the world with Making Tax Digital (MTD). Businesses and agents are increasingly recognising the benefits of digitisation and MTD plans to make fundamental and crucial changes to the way the tax system works. Tax systems will become more effective, efficient and easier for taxpayers to get their tax right.


What will MTD mean for businesses?

Businesses will be able to devote more time, attention and energy to maximising business opportunities, grow and implement good financial planning.

What is MTD?

Businesses with a taxable turnover above the VAT threshold of £85,000 are required to keep VAT records digitally. Submission of VAT returns will need to be done using MTD-compatible software.

MTD allows for the digitisation of the VAT return process to reduce the tax gap and support businesses in staying on top of their tax affairs.

Ahead of the implementation of MTD, HMRC is holding webinars for businesses on:

  • How to prepare their business
  • Information on registering for the Public Beta Pilot.

Read the full story here.

The next webinars will be held on the 22nd of January at 11am, 1pm and 3pm

The government is also offering MTD pilots, find all the guidance you need here and sign up for MTD pilots here.

MTD pilots for VAT will open early 2019 to partnerships and those customers who trade with the EU.

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