Digital records are the foundation stone of Making Tax Digital for income tax (MTD IT). Having the right records in place at the right time is the first ...

Online shopping met the quirky world of VAT and partial exemption in the case of /Littlewoods Limited vs HMRC/ [2025] UKFTT 01602 [1].

Over the past few years the R&D tax relief schemes have undergone significant change, both in terms of the rules themselves and how HMRC ...

I had a call today from an individual (IT contractor) who left the UK contracting via a limited company (that they opened abroad). Their plan was ...

East Midlands Waste Management Limited (EMWM) had been the subject of HMRC investigations and assessments covering VAT, corporation tax and employment ...

With less than 100 days until Making Tax Digital for income tax will finally come into force in April 2026, practices will be busy finalising plans, ...

Only a full year will count, unless there are other credits.

MTD ITSA adds four quarterly updates to the annual return. If you treat every update like a deadline, all the work piles up ...

Listen to the podcast by either clicking the 'play' button above, searching for AccountingWEB in your favourite podcast app ...

Artificial intelligence has become impossible to ignore. Over the past year in particular, the term AI has exploded into every corner of technology and ...

Making Tax Digital for income tax (MTD IT) is a key part of the UK government’s plan to create a modern, efficient and fully ...

You've spent hours preparing your month-end journals, diligently calculating accruals, provisions, and reclassifications. You ...