What is Making Tax Digital?
Making Tax Digital, currently underway, is a key part of the government’s plan to make it easier for individuals and businesses to gain tax rights and take control of their taxes. HMRC has also developed a fairly strict fine model to ensure that all companies...
Time to move to the new customs declaration platform.
In a previous article we detailed how HMRC is moving customs declarations to online declarations, click to review. HMRC is now urging businesses to move to the new customs IT platform as soon as possible to continue trading. Perhaps you have received letters from HMRC...
Changes to the UK customs system are coming!
The EU (except the island of Ireland) and the UK government have provided information on upcoming changes to the UK customs system in 2022. Here is what you need to do to prepare for the change. Adapting to system changes takes time, and you should be...
Businesses Very Concerned About Making Tax Digital
If you are a business owner, you will undoubtedly be aware of the Making Tax Digital (MTD) initiative that has been launched by the UK government. The aim of this scheme was to make all VAT reporting digitalized by the end of 2020. Of course, businesses were happy to...
