MAKING TAX DIGITAL FOR VAT – APRIL 2022 – WHAT YOU NEED TO KNOW

2 minutes to read Since April 2019, all VAT registered businesses with a taxable turnover above the £85,000 VAT registration threshold have needed to keep their accounting records digitally and submit their VAT Returns via MTD-compliant software. Those below the threshold were exempt from these requirements. From April 2022 all VAT registered businesses, yet to register for MTD for …

Coronavirus – Business grants up to £6,000 available

< 1 minute to read Businesses can now apply for a financial grant worth up to £6,000 as government delivers funding to local authorities.   Businesses in England most impacted by the Omicron variant will be able to tap into the multimillion-pound support package in the coming weeks, as the government delivers funding to councils across the country. Businesses in the …