Significant numbers of accountants’ clients are still struggling to prepare for the advent of Making Tax Digital for VAT, which is now only six months away, according to the Association of Accounting Technicians (AAT) 

With Making Tax Digital on the horizon, rural businesses risk being left behind and labelled as ‘non-compliant’ unless they act quickly, warns Mark Pryce

Over 40% of businesses about to be affected by Making Tax Digital for VAT are not yet aware of it, despite the April 2019 deadline for its introduction, and 20% have made no preparations, according to research by ICAEW

The House of Lords has issued a two-week call for evidence into the extension of HMRC powers as part of government plans for Making Tax Digital set out in the draft Finance Bill 2018

This month's review of tax cases and tax news including QC wins appeal over excessive penalties, conditions for Accelerated Payment Notices were met, Making Tax Digital VAT trial for businesses faces delays

HMRC is giving out mixed messages about compliance with Making Tax Digital for VAT, warns Yvette Nunn, director of Berkeley Associates, after spotting a mistake in guidance released by HMRC in July

Making Tax Digital for VAT reporting will be mandatory from 1 April 2019, although there will be an initial soft-landing period before penalties kick in from early 2020. Rob Munro asks whether software providers are ready

This month's review of tax cases and tax news including penalties for Making Tax Digital disclosed, Supreme Court dismisses JP Whitter’s CIS status appeal, decision upheld on ‘source’ of interest payments, insurance costs pulled into OpRA rules on company cars

As HMRC continues with its attempt to close the £33bn tax gap, by releasing dozens of new tax measures as part of the Draft Finance Bill 2018-19, Sara White, editor of Accountancy asks whether all these new tax initiatives take the spotlight off Making Tax Digital for VAT which is quickly approaching

Three quarters of UK businesses believe the cost of complying with the UK tax system has escalated in the last five years according to the British Chambers of Commerce (BCC), which is calling for the government to cut ‘red tape’ and delay Making Tax Digital plans

HMRC has assessed 18 software suppliers as having met its requirements for Making Tax Digital for VAT, ahead of the mandatory deadline for online filing next April, while its public trial for businesses who will have to keep and submit digital records will not now start until later this year

The penalty system for Making Tax Digital will kick in within 15 days of an overdue payment and will be a two-tier system, the government has confirmed in the draft Finance Bill 2018-19, although there will be an initial grace period for late filers