Posts Tagged Making Tax Digital

Basis Period Reform:
Will it affect your business?

Yesterday, Chancellor Jeremy Hunt delivered his Autumn Statement. We have sifted through the details and hope the following highlights, which we feel will be the most significant to our clients, will be helpful.

The old online Government Gateway Account for the submission of monthly and quarterly VAT returns is closing. Make sure you avoid penalties for non-compliance.

We are celebrating our payroll team in this newsletter who have gained prestigious industry recognition. We also look at options for company director salaries, HMRC reforms of accounting periods and how you must now submit VAT returns.

Should a business voluntarily register for Value Added Tax (VAT)? Whether it is beneficial for your business will depend on a range of factors.

Don't be caught out. If your business is VAT registered you must submit your VAT returns digitally, even if you are below the VAT threshold. Find out more

In our first newsletter of 2022 we look at the rising cost of doing business, explore the changes to red diesel use and increasing employment costs. We also provide links to how you can better manage your finances in the tax year ahead as well as hearing from GWA's latest recruits as they start their careers.

1 April 2022 is the date when Making Tax Digital (MTD) becomes mandatory for all VAT registered businesses. Find out what you need to do.

This newsletter reminds us that the next phase of MTD is not far away, how you can be prepared for a HMRC investigation and a conversation with Three Counties directors two years after joining the GWA family.

If you have already already signed up for Making Tax Digital (MTD) you need not take further action. However,…

In our final newsletter of 2020 we celebrate being recognised in the top 30 Financial Advisers, announce the retirement of Andrew Ayre along with the promotion of two new partners, along with the latest finance, tax and business updates.

It’s been almost 2 years since HMRC introduced the first phase of Making Tax Digital (MTD) for VAT registered…