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...
New Amazon VAT Service Update Alert!
Amazon have updated their VAT service for 2022. Previously, sellers could sign up for the service and not be charged for the first 6 months. However, sellers who sign up for the service from the 1st of January 2022 will now have to pay fees from the first month of...
Panic As EU VAT Gap Widens After Pandemic
Before the pandemic, the EU VAT gap was beginning to shrink as member states improved their collection processes. New reporting techniques such as e-invoicing meant that member states were on the right track to reducing the tax gap. However, the pandemic saw...
The Most Important Points From The Autumn Budget
One of the standout quotes of Sunak’s budget announcement was “higher borrowing today means higher interest rates and higher taxes tomorrow”. This was no doubt a reference to the fact that the UK government has borrowed at a rate not seen since the Second World War in...
Business Rates To Be Hot Topic In The Autumn Budget
Rishi Sunak is currently in the process of preparing for his Autumn Budget announcement. With the country in more debt than it has been for the last 50 years and businesses still reeling from the impact of the coronavirus, all eyes will be on him when he addresses the...Recent Posts
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