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 MOREWhy so many businesses who think they are compliant with MTD need to think again
Research from Intuit QuickBooks has revealed that awareness of Making Tax Digital has increased from 58 percent to 83 per cent.
Awareness has been driven by a combined effort from HMRC and the accounting industry, with 26 per cent of respondents finding out about MTD thanks to a communication from HMRC, and 27 per cent following a communication from their accountant.
Read more at the Accountancy Age.
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NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
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Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
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