How well do you sleep at night? Do you lie awake worrying about your financial practices? It might seem an odd question to ask but a recent survey of 977 finance professionals around the world found only 3% of respondents slept soundly. Only 3%! … And there’s good reason. As global regulators seek to minimise […] … Read More

A recent Deloitte survey found that 73% of companies used Microsoft Excel to prepare VAT returns. Yet in our European Tax Technology Survey, only 11% of businesses believed they can still rely on manual processes and spreadsheets. Couple this information with the fact that Microsoft recently stopped support for Windows 7 and will cease mainstream […] … Read More

As by now you will know, Making Tax Digital for VAT went live on 1 April 2019. But, what does this mean? What steps should you now be taking to ensure you keep on top of the MTD timeline?  What do you need to tell your business clients to help them?   … Read More

Today (1 April) has been a date marked on many accountants’ calendars for well over a year. Whilst some believed (or some may say hoped) this day would never arrive, it is the start date for the first phase of HMRC’s ambitious MTD regime – Making Tax Digital for VAT. … Read More

The Spring Statement was held on 13 March, and as expected (and as it should be), it was a bit of a non-event for tax compliance with no major announcements or tweaks to existing legislation. … Read More

Unless you’ve been in hibernation for the last few months, you’ll know that Making Tax Digital for VAT is effective from 1 April 2019. Unless you are excluded, VAT data must be submitted digitally to HMRC after this date. Award-winning tax expert, Mark Purdue, has kept us up to date on the progress of each […] … Read More