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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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Making Tax Digital Deadline: 1st of April

Posted on in Business News , Cycles News

making tax digital With less than a month until Making Tax Digital (MTD) comes into effect, make sure that you are aware of your business's responsibilities.

From the 1st of April 2019, businesses above the VAT registration threshold (£85,000) will be required to keep digital VAT business records, sending returns using MTD compatible software.

A study surveying over 1,200 retailers found that only one in four (26%) retailers were aware of their responsibilities under the new law, 6% of which have the appropriate software to comply with the changes.

If you are unsure of your responsibilities, please use the Association of Convenience Stores (ACS) guidance.

Click here for the MTD guidance

The government is holding a series of webinars to help businesses get ready for MTD over the next few weeks. To register for a webinar, click here.

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