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.

We’re delighted to bring you news of the latest feature updates that make this popular software even better.

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.

The soft landing period expires on April 1st 2020 for most UK VAT registered businesses, and the penalties system will be revised to bring it in line with Income Tax and Corporation Tax.

A recent survey carried out by CIOT and ATT has shown that a majority of businesses are spending more than HMRC’s predicted costs to implement Making Tax Digital for VAT.

From April 1st 2020, most UK VAT registered businesses with a taxable turnover above the VAT threshold are due to come out of the soft landing period.

Many businesses are yet to sign up, perhaps due to confusion about MTD. We go “back to basics” for businesses to help you find your way to being compliant.