By now, you will have seen that Making Tax Digital for Self Assessment (MTD) has been deferred again. The main headline was that the mandation date has been pushed back from April 2023 until April 2024 for affected individuals, and April 2025 for most partnerships. So, why has this change occurred? Two main reasons were […] … Read More
If you are a business-to-consumer (B2C) e-commerce organisation supplying goods that will be imported into the European Union (EU), then you should already be aware of the Import One-Stop Shop (IOSS) rules that came into effect on 1st July 2021, marking an overhaul of the indirect tax regime across the union. These new rules remove […] … Read More
You’ve probably now got systems in place to support remote working, but now what? How should teams manage their day to day tasks in a remote environment? At Thomson Reuters, we remote work to a large extent – we have staff who are 100% remote, and most office-based employees split their time between office and […] … Read More
The MTD pilot continues to progress, and we are nearing the time when the first quarterly submission can be made to HMRC. Whether you are taking part in the pilot or not, it may feel like mandation in 2023 is a long way off. Although nearly two years away, it’s not too soon to start thinking […] … Read More
If you are making your way through your own tax transformation journey, then you may be interested in the on-demand version of a recent webinar. The “Tax transformation: Steps to leverage your tax digitisation journey” discussion took place on 26 May and explored the journeys through indirect tax transformation experienced by a global group of panellists from the EU and USA. Who were the speakers? Byron King, Director Professional Services, Thomson Reuters, hosted […] … Read More
Last month, I provided an overview of our involvement in the Making Tax Digital (MTD) pilot to date, and the various streams of work we were undertaking to prepare. This month, I will cover an update on the progress, and why you should start thinking about engaging with clients, when the time is right. The pilot has […] … Read More