Almost three quarters (74%) of VAT-registered firms signed up for Making Tax Digital (MTD) before the second stagger deadline last month. HMRC’s figures showed that over 230,000 mandated businesses joined the scheme before the 7 September 2019 deadline. Most (94%)...
Large and medium-sized organisations have just six months left to prepare for changes to off-payroll working rules, which are due to extend to the private sector next spring. From 6 April 2020, firms that engage private-sector contractors will be responsible for...
If you are a construction business in the UK, you have to comply with tax rules set by the Construction Industry Scheme (CIS): HMRC – Construction Industry Scheme. The CIS applies to contractors, subcontractors and any business that has a high annual spend on...