by yasiradnan94 | Mar 22, 2022 | Accounting, Advice, News, Small Businesses, VAT
The hospitality and tourist sectors have been supported through the Covid-19 pandemic by being able to pay a reduced amount of VAT to HMRC in respect of most sales. The reduced VAT rate was 5% from 15 July 2020 to 30 September 2021 and 12.5% from 1 October 2021 to 31...
by yasiradnan94 | Mar 11, 2022 | Accounting, Business, News, Tax Planning, VAT
For VAT periods starting on and after 1 April 2022 all VAT records must be recorded digitally and returns must be submitted under the Making Tax Digital (MTD) regime. If you are not already submitting your VAT returns using MTD-enabled software (or asking us to do so)...