Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
05 July 2022
A firm approach from HMRC on Making Tax Digital non-complianceFrom 1 April 2022, compliance with Making Tax Digital (MTD) for VAT became mandatory for all VAT registered businesses, with the exception of the few which have been granted an exemption. HMRC is now taking a firmer approach to those businesses which have not taken the necessary steps to become compliant.
15 June 2022
Discontinuation of older versions of Sage 50 Accounts and Sage50cloud accounts from September 2022Accounting software provider Sage has recently advised that after 30 September 2022, Sage 50 Accounts and Sage 50cloud Accounts v26.2 and below will no longer be accessible.
23 February 2022
Staying ahead of the curve in a digital worldThe last two years have changed the way that the world works and this is having an impact on how businesses operate. Ewan Bolt, Director and Head of Digital Solutions explains how his team combine their expert knowledge alongside working closely with you and your business, to identify your biggest challenges and recommend a digital solution to overcome them.
20 January 2022
MTD for VAT legislation from 1 April 2022 – are you affected?Making Tax Digital (MTD) is a vital component of the Government’s plan to make it easier for individuals and businesses to get their tax right and keep on top of their affairs through a fully digital tax system. From 1 April 2019 MTD compliance became mandatory for most VAT registered businesses with a taxable turnover above the current threshold (£85,000), and the next phase of MTD for VAT is coming into force on 1 April 2022.
08 October 2021
How embracing digital could be easier than you thinkMost businesses have had to implement some form of digital solution to continue operating during lockdown. However, your digital journey should not stop as lockdowns begin to lift and life returns to a sense of semi-normality, and for businesses who have not yet started their journey… the time is now.
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