Yahoo Malaysia

How to pick the best Making Tax Digital software for your business

From April, thousands of self-employed individuals and landlords will need to start filing their accounts to HMRC four times a year, using software that has been rubber-stamped by the taxman.
JD Supra

UK HC confirms HMRC should consider allowing input VAT recovery on robust alternative evidence—even where no VAT invoice exists

Hotelbeds UK Ltd operates as a wholesale supplier of hotel accommodation, purchasing rooms from UK VAT-registered hotels and reselling them to travel businesses. Due to industry practice, Hotelbeds ...
AccountingWEB

Bridging Software vs Full Accounting Software: What Firms Need as MTD Expands

Did you know that accounting firms often rely on spreadsheets and a small bridging tool to meet their VAT obligations, yet assume they are fully ...
Pensions Expert

Decoding HMRC’s reading of the VAT verdict

HM Revenue & Customs has now published its eagerly awaited guidance on VAT and pension schemes, following the recent European Court of Justice cases. In short, it is good news for trustees and ...
JD Supra

UK Pensions: HMRC announcement creates opportunity to increase VAT recovery on pension investment costs

HMRC have announced a change to VAT policy to allow employers of defined benefit pension scheme to recover up to 100% of VAT on pension scheme investment costs. Employers and pension scheme trustees ...