Newsletters

Making Tax Digital for VAT (MTDfv) ushers in mandatory new requirements from 2019. However, the change isn’t just about VAT: MTD affects the very way that businesses keep accounting records. In this factsheet, we outline how you can plan for compliance.

The Chancellor’s 2018 Autumn Budget contained some important announcements and confirmed a number of changes planned for the new tax year.
Following this, we have put together a PDF which contains the latest tax and financial information, which we trust you will find useful. For more information on how the changes may affect you, please contact us.

The Chancellor’s 2019 Spring Statement gave the government the opportunity to consider the longer-term fiscal challenges ahead of Brexit, and initiate consultations on how these can be addressed.
Following this, we have put together a PDF which provides an overview of the updated forecasts for the UK economy and public finances, which we trust you will find useful.

The VAT domestic reverse charge for building and construction services was due to come into effect from 1st October 2019, this has now been delayed until the 1st October 2020.
Given the scale of the changes, it would be appropriate for businesses to plan for the reverse charge now.