The purpose of Making Tax Digital is so HMRC can improve its efficiency and reduce the amount of errors made by businesses. What this will mean is that businesses with a turnover of sales past the VAT registration threshold of £85,000 in the UK, will have to digitally record all their transactions and store them in …
The impacts of no deal Brexit UK Companies doing sales in the EU Compliance procedures changing What happens with a Brexit deal Positive impacts on UK businesses selling into EU Compliance procedures in line with the deal HMRC have now issued letters to 145,000 UK VAT registered businesses. These businesses only trade with EU countries …
Read moreHMRC send out No Deal Brexit guidance letter to all of the UK VAT-registered businesses
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