HMRC are on their way to digitise their records and it would help if the future systems would allow all data to be submitted digitally too.
To this effect, they have enforced the VAT submissions commencing 1st April 2019 to be submitted by online systems rather than paper format. This is the ‘Making Tax Digital (or MTD)’ drive from HMRC. All businesses who submit VAT should be ready for this process now. Do you still need to understand it better?
Watch our video below …
Do you feel there is still lot to understand for Business Owners? Oh yes, there is. HMRC are holding 30 free face-to-face Brexit Business
Corporation Tax Want to know the basics of Corporation Tax in he UK? You must pay Corporation Tax on profits from doing business as: a
Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings.
HMRC are on their way to digitise their records and it would help if the future systems would allow all data to be submitted digitally
Please follow our highlights of the forthcoming changes to taxation in 2017-18 and 2019, which you should be aware of.
