Making Tax Digital (MTD) originally came into force from April 2019 in a bid to transform tax administration. There are now extensions to MTD being introduced which may affect those that are not currently required to follow the MTD rules.
Here is a summary of the changes to business taxes which were announced in the Spring Budget by The Chancellor of the Exchequer.
Jonathan Walton of Whitley Stimpson and Peter Windatt of BRI Business Recovery and Insolvency discussed business recovery post COVID-19 via video chat on Thursday 25 June on the B4 Live platform.
Temporary changes to Companies House filing deadlines have been introduced but it’s more important than ever to have an accurate, up to date picture of where you are as a business, in these difficult financial times.