HMRC approves 18 MTD software suppliers

Jul 16, 2018 |

HMRC has released a list of approved Making Tax Digital (MTD) software developers for VAT-registered businesses to use from next year. Businesses with annual taxable turnover of more than £85,000 will be required to maintain digital records for VAT and submit...

‘Raise the VAT threshold to stimulate SME growth’, IPSE says

Jun 7, 2018 |

The Association of Independent Professionals and the Self-Employed (IPSE) has called for the VAT threshold to be increased, in response to a government consultation. The current £85,000 threshold at which businesses must register for VAT has been frozen until 2020,...