Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today (19 December 2022).From:HM Revenue & CustomsPublished19 December 2022 Understanding that self-employed individuals and landlords are currently facing a challenging economic environment, and the transition to Making Tax Digital (MTD)… Continue reading Government announces phased mandation of Making Tax Digital for ITSA
Category: Making Tax Digital (MTD)
MTD for ITSA £50 Amazon Gift Voucher For Quickbooks Sign Up
Have you tried QuickBooks? It will help to keep your business finances organised and saves you time. It could work well for you and help you prepare for Making Tax Digital #MTD for #ITSA. When you sign-up, you’ll receive a £50 Amazon voucher (T&C’s apply), and we will too. @QuickBooksUK
Making Tax Digital (MTD) for VAT Extension
All VAT registered businesses, regardless of taxable turnover, will legally be required to follow MTD for VAT requirements from their first VAT Return Period starting on or after the 1st April 2022. This means that all VAT registered businesses must use MTD compatible software to keep records digitally and submit their tax returns unless exempt.
Update on Making Tax Digital (MTD)
The Government has today announced that MTD for Self Employed & Landlords will be delayed for one year, until April 2024 and Partnerships, until April 2025 Read the full statement: Statement The Government has set out an ambition to become one of the most digitally advanced tax authorities in the world. Making Tax Digital (MTD)… Continue reading Update on Making Tax Digital (MTD)
Sapphire Business Services Achieves FreeAgent Bronze Partner Status
At Sapphire Business Services, we are delighted to achieve Bronze Partner Status with award-winning accounting software provider, FreeAgent; this will enable us to further enhance our support to clients as we help them move into the digital era FreeAgent accounting software is really simple to use, helping you move into the Digital Era and keep… Continue reading Sapphire Business Services Achieves FreeAgent Bronze Partner Status
Using Your Xero Software
As part of our Making Tax Digital (MTD) Toolkit for small businesses, sole traders and landlords we have a series of guidance videos demonstrating how to carry out various tasks and get the most from your Xero software https://www.youtube.com/playlist?list=PLkpP8esdBU5niMiNDG7gLYQ32HK_wB_Kn Subscribe to our channel to be notified of new guidance posted: https://www.youtube.com/channel/UCvFm0uCL3tdsuT3E7O0uDsQ We are certified as Xero… Continue reading Using Your Xero Software
Using Your Sage Business Cloud Software
As part of our Making Tax Digital (MTD) Toolkit for small businesses, sole traders and landlords we have a series of guidance videos demonstrating how to carry out various tasks and get the most from your Sage Business Cloud software https://www.youtube.com/playlist?list=PLkpP8esdBU5niMiNDG7gLYQ32HK_wB_Kn Subscribe to our channel to be notified of new guidance posted: https://www.youtube.com/channel/UCvFm0uCL3tdsuT3E7O0uDsQ We are certified… Continue reading Using Your Sage Business Cloud Software
Using Your Freeagent Software
As part of our Making Tax Digital (MTD) Toolkit for small businesses, sole traders and landlords we have a series of guidance videos demonstrating how to carry out various tasks and get the most from your Freeagent software https://www.youtube.com/playlist?list=PLkpP8esdBU5lghq1g91WyBegAyW50iqtH Subscribe to our channel to be notified of new guidance posted: https://www.youtube.com/channel/UCvFm0uCL3tdsuT3E7O0uDsQ We are certified as Freeagent… Continue reading Using Your Freeagent Software
Using Your Quickbooks Software
As part of our Making Tax Digital (MTD) Toolkit for small businesses, sole traders and landlords we have a series of guidance videos demonstrating how to carry out various tasks and get the most from your Quickbooks software https://www.youtube.com/playlist?list=PLkpP8esdBU5niMiNDG7gLYQ32HK_wB_Kn Subscribe to our channel to be notified of new guidance posted: https://www.youtube.com/channel/UCvFm0uCL3tdsuT3E7O0uDsQ We are certified as Advanced… Continue reading Using Your Quickbooks Software
Launch of YouTube Channel To Provide MTD Support and Guidance for Small Business
Supporting clients has always been of the upmost priority for Lisa. With Making Tax Digital in mind, Lisa appreciates the differing challenges that businesses face in bringing their records into the Digital Era Last month we launched our Making Tax Digital (MTD) Toolkit for small businesses, sole traders and landlords to help you navigate to… Continue reading Launch of YouTube Channel To Provide MTD Support and Guidance for Small Business