On 8th July 2020, Rishi Sunak used his Summer Statement to temporarily reduce VAT on some supplies in the hospitality and tourism sectors.
HMRC paused the process of sending letters to businesses regarding signing up for Making Tax Digital due to Coronavirus. They are now resuming this activity.
When we launched BTCHub, our task was to develop a powerful and simple-to-use Making Tax Digital for VAT product that fulfilled our company mission.
The soft landing period for Making Tax Digital for VAT was due to end as of 1st April 2020, However, the period will now extend through to 1st April 2021.
This blog is the second of two looking at the report released by HMRC to update the public on Making Tax Digital for VAT and ITSA. In this post, we look at the ITSA service.
HMRC have released a report to update the public on Making Tax Digital for VAT and ITSA. In this post, we look at the VAT service.