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Whether it’s a change in the law or the latest news from HRMC, you can use this section of the website to keep in the know on all accountancy-related matters that could have an impact on you and your business. Phillips Frith LLP takes every care in preparing material for this page to ensure that the content is accurate and up to date. However, no responsibility can be accepted for loss occasioned to any person acting or refraining from acting as a result of the material contained on it.

Category HMRC

Making Tax Digital for VAT

Phillips Frith

2019 will see the introduction of Making Tax Digital (MTD) for VAT. The two key requirements are: to keep transaction – level records digitally; and to use compatible software to submit the VAT return to H M Revenue & Customs…

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