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Tagged: VAT

Brexit saga boils over as HMRC issues VAT ‘no deal’ warning to 145,000 firms

The Brexit saga has boiled over into crisis, with Theresa May clinging onto her party leadership after furious Conservative MPs tried to bring her down, such was their dismay over her deal with the EU.

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James Nadal
15 December 2018

HMRC's public pilot for MTD for VAT arrives

The Making Tax Digital for VAT public pilot has arrived and it’s open for business. 

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Jenny Strudwick
18 October 2018

3 in 4 IRIS Accountancy Suite users missing out on brilliant time saving feature

We’ve recently learned that about three quarters of our IAS customers are failing to take advantage of a brilliant time-saving feature available in the core IRIS software.

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From surviving to thriving in the digital economy

From MTD VAT to advisory services, the world of accountancy is changing. So what is IRIS doing to ensure that you are equipped to thrive in the digital economy? 

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Sion Lewis
7 June 2018

BUDGET 2017: NIC u-turn as Government recognises the impact on small businesses and manifesto blunder

Normally when the budget is announced that’s it until the legislation comes out, however it seems like the Chancellor of the Exchequer Philip Hammond has come to his senses over this and has bowed to rising pressure across the board (including within his own party!) by announcing a u-turn on the plans to increase National Insurance rates for self-employed people.

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Budget 2017 HMRC pauses MTD for 3.1 million UK businesses

Chancellor of the Exchequer Philip Hammond yesterday announced a one year deferral from mandating Making Tax Digital (MTD) for unincorporated businesses, self-employed professionals and landlords with turnovers below the new VAT threshold of £85,000. This will see the number of businesses needing to comply with MTD from April 2018 fall from 3.5 million to approximately 450,000.

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