Category Archives: VAT

The Ups and Downs of Tax

We are now in the new tax year 2022-2023 which started on 6th April 2022.  Did you know the chosen year end of 5th April was first introduced in 1752? Back then the new tax year started on 25th March and ended after full 365 days which would be on 4th April. But in 1800 […]

VAT Registered but not yet filing under MTD?

It’s not long to go before 1st April 2022.  What is the relevance of this date you ask? This is the date MTD comes into play if you are a VAT Registered business but not yet filing under MTD.   What is MTD? Making Tax Digital (MTD) is HM Revenue & Customs plan to digitise […]

Tax breaks for your garden office

building a garden office

Most restrictions in England will end tomorrow as Plan B comes to an end! Which side of the divide do you belong to?  Is it time to get back to “normal” and for everyone to go back to the office? Or is it too early and we should all carry on working from home until […]

Trading with the EU – Changes you need to know from January 2022

Full customs controls started on 1 January 2022 – are you compliant? Changes to customs controls came into force from 1 January 2022. HMRC has now written to traders highlighting how that might affect the way goods are imported and exported between Great Britain and the EU. From 1st January 2022 a number of things […]

What is a Digital Link

The requirement to keep digital links if you are already caught under Making Tax Digital (MTD) rules came into force from 1st April 2021 as part of the second phase. HMRC defines a digital link as transfer of data between software programmes or applications.