The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.
According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).
Half of all small-medium sized enterprises (SMEs) make errors when filing their VAT returns, according to the latest research.
The number of company insolvencies has reached the highest level since 2014, according to the latest data.
Most small and medium-sized enterprises (SMEs) fear taking action over late payments, according to a new white paper published by Paul Uppal MP, the Small Business Commissioner.
HM Revenue & Customs (HMRC) has published a Making Tax Digital (MTD) ‘Mythbusters’ helpsheet to clarify the current situation regarding businesses and MTD.
The VAT notice for Making Tax Digital (MTD) has been updated, relaxing the rules to help clients.
The UK economy has weathered the worst of the Brexit financial fallout and should be able to continue without “too much damage”, experts have said.