All VAT registered farm businesses must adopt the government’s Making Tax Digital (MTD) for VAT agenda from April this year, regardless of annual turnover.
In day-to-day life, few of us would struggle to tell the difference between a car and a van. But as is often the case, things aren’t so straightforward in the world of tax.
Recorded the day after Chancellor Rishi Sunak made his Budget Announcement and presented by Owen Kyffin CTA and Luke Wiseman ACA directors of Whitley Stimpson, this webinar recording digests the measures announced in the Autumn Budget 2021 and outlines how it will affect you, your family, and your business.
A delay to tax reforms which would have seen sole traders and small businesses obliged to keep digital records and report income quarterly to HMRC has been welcomed by financial experts.