HMRC’s latest Stakeholder Digest (9 December 2021) rounds up recent developments, including the following:
HMRC is writing to all businesses under the £85,000 VAT threshold which have not yet signed up to Making Tax Digital (MTD) for VAT, encouraging them to prepare and maintain digital records, and find MTD compatible software in advance of April 2022.
Individuals and businesses are encouraged to use HMRC’s self-serve online system to set up time to pay arrangements where necessary before the 31 January 2022 deadline for 2020–21 tax returns.
Plan B measures introduced in England in response to the rapid spread of the Covid-19 omicron variant including advice to work from home where possible.
HMRC’s latest Stakeholder Digest (9 December 2021) rounds up recent developments, including the following:
HMRC is writing to all businesses under the £85,000 VAT threshold which have not yet signed up to Making Tax Digital (MTD) for VAT, encouraging them to prepare and maintain digital records, and find MTD compatible software in advance of April 2022.
Individuals and businesses are encouraged to use HMRC’s self-serve online system to set up time to pay arrangements where necessary before the 31 January 2022 deadline for 2020–21 tax returns.
Plan B measures introduced in England in response to the rapid spread of the Covid-19 omicron variant including advice to work from home where possible.
