Businesses who defer VAT payments should continue to file returns as usual, says HMRC

28 Apr 2020

Businesses who have deferred VAT payments until the end of June 2020 should continue to file Making Tax Digital (MTD) returns as normal, the regulator has confirmed.

Read Full Story

No small issue – The importance of accounting in microbusinesses

26 Feb 2020

Small and medium-sized enterprises (SMEs) account for the majority of the business population in the UK, producing trillions of pounds in revenue every year. However, a large amount of their time is spent working on financial admin.

Read Full Story

VAT receipts rise to record £133 billion

02 Dec 2019

The amount of VAT collected in the last 12 months has risen to a record £133 billion, with a significant contribution from the retail and wholesale sectors.

Read Full Story

120,000 businesses failed to meet the Making Tax Digital deadline

16 Sep 2019

HM Revenue and Customs (HMRC) has revealed that 1.1 million businesses have now signed up for Making Tax Digital (MTD) and so far, 1.2 million VAT returns have been successfully submitted through the service.

Read Full Story

Making Tax Digital: what happens next?

11 Sep 2019

Making Tax Digital (MTD) for VAT was launched in April 2019, which means that hundreds of thousands of businesses are now recording and reporting their accounts digitally to HM Revenue & Customs (HMRC).

Read Full Story

Thousands of businesses struggling to get to grips with MTD

14 Aug 2019

According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).

Read Full Story

Half of all SMEs make VAT return mistakes

07 Aug 2019

Half of all small-medium sized enterprises (SMEs) make errors when filing their VAT returns, according to the latest research.

Read Full Story

HMRC publishes Making Tax Digital ‘Mythbusters’ helpsheet

10 Jul 2019

HM Revenue & Customs (HMRC) has published a Making Tax Digital (MTD) ‘Mythbusters’ helpsheet to clarify the current situation regarding businesses and MTD.

Read Full Story

Making Tax Digital – important updates

03 Jul 2019

The VAT notice for Making Tax Digital (MTD) has been updated, relaxing the rules to help clients.

Read Full Story

Is your business compliant with the Making Tax Digital rules?

24 Jun 2019

According to new research, thousands of UK businesses could find themselves under scrutiny from HM Revenue & Customs (HMRC) for failing to follow new rules on keeping digital records.

Read Full Story

Contact Us Today

For more information on any of our services, please leave your details here and one of our team will contact you.

Which services are you interested in?
IndividualsBusinessesWealth ManagementSpecialist Services

I am happy to receive newsletters and promotional information from Rotherham Taylor

If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@rtaccountants.co.uk.