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11 Dec 2023

Bike Europe has reported that “serious concerns” remain about the enforcement of a ban on the sale of e-bike chargers and conversion kits by one of the largest online sellers,...

11 Dec 2023

It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging...

30 Nov 2023

New research from Lime entitled “Tackling the Gender Pedal Gap” has most women facing barriers to cycling, including poorly lit streets and isolated routes. The report claims...

27 Nov 2023

Torq Zone Academy, a leading institution of vocational training in South Africa, has been re-accredited by the Quality Council for Trades and Occupations (QCTO), for another five years, to offer...

27 Nov 2023

Cycling UK has released its annual 100 Women in Cycling list for 2023, the seventh such initiative to celebrate women across the British cycling community and those who inspire others to cycle.

27 Nov 2023

The former commissioner of the Metropolitan Police, Lord Hogan-Howe, has said number plates should be introduced on the back of bikes to stop so many cyclists being a danger on...

23 Nov 2023

Retail sector leaders have expressed a range of concerns, from taxation to business rates, following the Chancellor’s Autumn Statement this week.

15 Nov 2023

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, has outlined its expectations from the government...

14 Nov 2023

ACT member and Cytech-accredited Stonehaven shop Bike Remedy has been given permission to expand its offering by building a bike shelter and tool station outside its premises.

14 Nov 2023

As more people turn to cycling, more jobs are being created in the industry, according to an article in The Sun.

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Calls to delay Making Tax Digital rejected

Posted on in Business News , Cycles News

national living wage

MTD is being introduced with the aim of reducing the tax gap and supporting businesses in providing them with an accurate overview of tax affairs.

The House of Lords Economic Affairs Committee sought out for a one year delay on the implementation of MTD, however, the government has rejected this proposal claiming that the change has already been delayed enough.

The Association of Convenience Stores (ACS) criticised the rejection by the government, saying that awareness and understanding of the change amongst small businesses still remain low with less than two months until MTD takes effect.

The HMRC are now considering the recommendations from the report submitted by the Committee here, and look to continually work closely with the business community, agents and developers to prepare for MTD.

If you want a refresher on what MTD is and a full guide there to support you, click here.

Read the full story on Talking Retail. 

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