Is your business ready for the April 2019 VAT changes?
VAT changed April 2019 Explained
It’s now less than a year until businesses that file VAT returns will need to do so online via accountancy software. Apart of the Making Tax Digital (MTD) programme, the initiative means some 2.5 million VAT registered businesses in the UK with a turnover exceeding £85,000 will need to submit their VAT returns through software compliant with that of MTD rather than through the HMRC portal.
Both businesses and their accountants are therefore being required to set up and use online software such as QuickBooks, Xero and Sage. But many companies are still unprepared for the changes. So what can you do to ensure you comply in time? Here, we offer some tips:
Educate yourself and your staff
The first thing to do is confirm – as soon as possible – that your organisation is subject to MTD. There are a few exclusions, including being …
Is your business ready for the April 2019 VAT changes? Read More
Star Health Insurance offers a remarkable variety of policies that look after an individual’s financial conditions during a medical adversity. It provides policies at reasonable rates considering the rising costs of the medical bills. These policies range from schemes for an individual to family floaters and senior citizens.
Tax accountants are often subject to the question “What is the cost of hiring a CPA?” It is almost similar to the question “What is the cost of a home?” Just a 1000 sq.-feet home which is located in Arizona will be different from a same sized home located in New York, such is the concept of hiring a CPA. There can’t be any definite answer to how much a CPA will cost. It depends.
An essential element of house ownership is (like it or not) House Taxes. This tax amount is made use of to create local amenities which includes road repairs, upkeep of parks and public schools, and so forth. Private property – This involves movable man made objects like cranes, vehicles or buses. They devised a system of centralization with respect to land tax, appointing men and women to gather tax on behalf of the crown.