Type: Legislation, Trend The United Kingdom has adopted the Making Tax Digital reforms for the VAT in 2019. Businesses over the VAT threshold are now required to administrate VAT records...
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Making Tax Digital
Outdated legal IT systems
February 4, 20220
Type: Trend As the soft-landing period of the Making Tax Digital program ends, companies can incur penalties if they adjudicate their reporting responsibilities. Companies operating the oldest reporting systems are...
Type: Trend The roll-out of Making Tax Digital has encouraged a lot of businesses to adopt cloud-based accounting software. The time and pain saving solution of these systems has become...