In the midst of everything that the business community has been dealing with in the last year the date of the 1st April may have passed as just another day. In the VAT context, however, it was a notable date as it saw the completion for many VAT registered bodies of their roll out of the now required Making VAT Digital internal accounting process. Our reflection on how this requirement for an internal digitally linked build up for the VAT return data for submission – could be summed up as a bit of a “Curate’s egg” – some good bits, some bad!
Source: centurionvat.com
Latest Posts in "United Kingdom"
- Nursery Hot Meal Supplies Deemed Standard-Rated Catering, Not Zero-Rated Food, Tribunal Rules
- Appeal Dismissed: Director Held Personally Liable for Deliberate VAT Error on Opted Commercial Property Sale
- UK May Cut VAT on Public EV Charging to 5% to Boost Electric Car Adoption
- Guernsey Considers GST Introduction with Income Tax Cuts and Protections in Tax Reform Package
- Littlewoods Wins VAT Input Tax Appeal on Product Photography Costs for Online Retail Sales
