HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...READ MORE
Last year, charities were given an extended 6-month deadline to comply with the government’s digital tax requirements.
On October 1st, charitable trusts paying tax and VAT in the UK will need to comply with mandatory MTD. By adopting this new system, charities will be required to submit their taxes through the HMRC compliant software by keeping their records digital.
Read more at Accountancy Age.