Jan 5, 2024 | Bookkeeping, VAT
A Bookkeepers guide to understanding VAT Value Added Tax (VAT) is a significant part of the UK tax system. If you run a VAT-registered business, you’re required to charge this tax on most goods and services, which you must then report and pay to HMRC. Basically, you... 
Jan 15, 2021 | Bookkeeping, VAT
HMRC introduced the first phase of Making Tax Digital nearly two years ago. They have now announced that non-MTD VAT submissions via software providers will not be supported from April 2021. This means a change to filing non-MTD VAT returns via Xero. What’s changing...