Are you registered for Making Tax Digital for VAT?

Are you registered for Making Tax Digital for VAT?

MTD for VAT regime started in April 2019 when businesses with a turnover above the VAT threshold of £85,000 became mandated to keep their records digitally and provide their VAT return information to HMRC using MTD compatible software. The extension of MTD from April...
Tax relief for working from home

Tax relief for working from home

Employers can reimburse employees for the additional household expenses incurred through regularly working at home. The relief covers expenses such as business telephone calls or heating and lighting costs for the room you are working in. Expenses that are for...