20th February 2019
News
CHW Accounting
We’d like to thank all of our clients and everyone else who attended our Making Tax Digital (MTD) event on the 7th February. The event was well attended by over 70 delegates from local companies who came along to find out what impact the new regulations will have on businesses when they come into force this April.
CHW director, Ian Orgill, addressed the delegates to explain how MTD regulations will impact business and explained some of the leading software and solutions which are available.
Commenting on the event Ian said: “Making Tax Digital comes into effect on 1st April and all businesses will have to assess their compliance with the new regulations otherwise they will face the risk of penalties and fines from HMRC. It was great to see so many local companies turn out for the event.
We are grateful to Barclays who joined us to explain how companies can also keep their business safe in the cyber world as they move onto digital platforms to comply with the new laws.”
Any other business owners who are interested in finding out more about Making Tax Digital can contact CHW’s digital tax team which is offering free advice.
Grab a biscuit and a brew and read our latest news.
8 March 2022
Temporary reduced VAT rate for leisure and hospitality to...
On 8 July 2020, as an urgent response to the pandemic, the government announced a number of VAT measures including a temporary reduction of the VAT…
1 March 2022
National Minimum and National Living Wage changes April 2022
From 1 April 2022, the government is increasing but the National Minimum and National Living Wage rates. The National Minimum Wage is the minimum amount an…
22 February 2022
Dividend taxes to rise from 6 April 2022 –...
The government has confirmed that it will not be backing down on the planned hike in National Insurance (NI) and dividend tax from April 2022. There…
10 January 2022
Late filing and late payment penalties are to be...
HMRC has given self-assessment taxpayers more time to ease COVID-19 pressures. With the self-assessment deadline less than three weeks away, many individuals and agents will be…
7 January 2022
Making tax digital for VAT – April 2022 –...
Since 1 April 2019, VAT-registered businesses with a turnover above the VAT registration threshold of £85,000 have been required to keep their records digitally and provide…
No matter what your challenge is, we’ve probably dealt with it before.