BLOGS FROM OUR EXPERTS

50% of companies are not yet MTD ready. We bring you an overview on how AlphaBridge is the answer to the compliance demands of today and tomorrow.

Market reactions to MTD reveal a lack of preparation and oversight. In this first blog post we explore the key findings from our recent survey conducted by Accountancy Age.

What do we mean by automation and what are the advantages it offers under MTD?

Has HMRC compromised on its ambitions for MTD? Jane Malkin explores whether the original remit provides more gains for the business.

In this final part of a six part series (6/6), we summarise the journey to compliance, from deciding on an MTD strategy, to selecting a solution, to ensuring the business is future-proofed against further regime change.

Will the trials and tribulations of MTDfVAT impact the roadmap for corporation tax? Rob Ogilvie explores what MTDfCT might look like.

MTD for VAT will also see the introduction of a new penalty regime. Jane Malkin explains why businesses need to plan their transition to avoid falling foul of it.

In this fifth part of a six part series (5/6), we ponder the future of the Making Tax Digital programme and what businesses should look for in a futureproof solution.

What are the implications of HMRC’s new digital services tax? Rob Ogilvie provides an overview and looks at how it will align with corporation tax.

In the fourth of this six part series (4/6), in conjunction with Tax Journal magazine, we look at how a scalable Making Tax Digital solution can provide the business with additional functionality as well as ensuring compliance.

Making Tax Digital was always going to be an ambitious undertaking. The simpler requirements of VAT made it an ideal candidate for testing the water, preparing the way for the digitalisation of more complex taxes, corporation tax and income tax. But will businesses have to invest again?

In the third of this six part series (3/6), in conjunction with Tax Journal magazine, we explore the three solution choices businesses face and suggest some smart criteria for picking your Making Tax Digital for VAT software.

In the second part of this six part series (2/6), in conjunction with Tax Journal magazine, we look at how you can pre-test the Making Tax Digital for VAT submission process before committing to the pilot thereby enabling the business to avoid reporting errors and familiarise the finance team with the process.

Finance Act 2019 removes the unexpected restriction on the group relief carried forward claim where company’s relevant profits do not exceed the deductions allowance available. Under the existing legislation, the deductions allowance may inadvertently limit the amount of relief claimable in such a scenario.