Although it’s easy to be cynical, there are likely to be benefits to businesses using the MTD platform, alongside of the pain of implementing a new...
Powered Now, UK Field Service Management App looks at the Penalties for failing to file MTD for VAT returns.
MTD for VAT starts for the first VAT return that any business does for the first period starting on or after 1st April 2018.
To comply with MTD a business or its agent (typically their accountant) must keep their records electronically. In other words, when a tax return of...
MTD for VAT returns are calculated exactly the same way as the current 9 Box return.
MTD will eventually apply to all individuals that do tax returns as well as companies with sales of more than £10,000 per annum.
Different explanations have been given in different forums, however, the most likely driver for MTD is to recover more tax – the so called “Tax gap”....
MTD for VAT is the specific phase of MTD covering VAT returns made by businesses to HMRC. These VAT returns will need to be made through the new MTD...
The mobile revolution has now made available much more technology to trade businesses who are naturally on the move. This article looks at what the...
One of the things we are asked a lot at Powered Now is how can you create a professional looking invoice. asp what do I need to include on it?