As you will be aware, the Making Tax Digital (MTD) proposals change the way VAT registered businesses maintain their records and create and submit VAT Returns. More information can be found elsewhere on the Making Tax Digital pages of our website
HMRC has recently been working with professional bodies on the Issues Overview Group (IOG) to address agents’ security concerns where HMRC need to arrange a call back or when HMRC make an unexpected call to agents about their clients.
The Association of Taxation Technicians (ATT) is urging software houses and HMRC to identify Making Tax Digital (MTD) compliant software packages urgently to allow businesses to make an informed decision on which to use and help to avoid the need
The Association of Taxation Technicians (ATT) is encouraging any individuals and businesses who will not be able to pay their tax on time to contact HMRC as soon as possible to ask if they would be eligible for a Time to Pay arrangement.