UK Masses Are Facing Delays In MTD VAT Registration
Making Tax Digital for VAT has always been under criticism for delays in VAT registration & check procedures. After Covid-19 and the EU transition, VAT registration takes more than 60 working days. One of the main reasons for the delay in VAT registration is the massive volume of online applications. Additionally, the second biggest reason […]
Updates in HMRC Guidance MTD ITSA
HMRC updated MTD for ITSA (Income Tax Self-Assessment) Guidance on 26 August 2022. Yet, a lot of work is still in progress. The HMRC has to leave software firms and vendors unanswered. HMRC has amended four key points for MTD for Income tax. The latest Guidance Update on MTD for Income Tax is as follows: […]