“Solve Compliance” in an MTD World: Tips for Accountants

Posted by Capium on Dec 5, 2018 4:23:17 PM

There’s no question that the introduction of Making Tax Digital (MTD) is changing the compliance landscape for accountants and their clients. And that means accountants are playing an even more important role in guiding businesses through the changes.

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Topics: Cloud technology, cloud accounting, Making Tax Digital, MTD

Making Tax Digital: Which Software Is Required?

Posted by Capium on Jun 22, 2017 5:01:00 PM

 

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Topics: Making Tax Digital

Making Tax Digital: Which Software Is Required?

Posted by Capium on Jun 22, 2017 9:43:10 AM

If you are like most people, you have probably already heard about Making Tax Digital and how actively the government is trying to implement the new system. With the new system, the government aims to revolutionize entire industries by changing the way in which reporting and taxation works in the UK. With Making Tax Digital, it is expected that in addition to changes in the relationships between tax agents and clients, the entire taxation process will also change.

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Topics: Blog, Making Tax Digital

The First Foundation of MTD–Tax Simplified

Posted by Capium on Apr 17, 2017 4:53:00 PM

 

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Topics: Making Tax Digital

The Third Foundation of MTD—Making Tax Digital for Individual Taxpayers

Posted by Capium on Apr 17, 2017 4:52:00 PM

Making Tax Digital (MTD) has been causing ripples ever since its announcement in 2015. The concept behind this initiative is to make tax simpler for both the taxpayers and the HMRC. It would remove the usual inefficiencies that are inherent in a paperwork-based taxation system.

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Topics: Making Tax Digital

The Third Foundation of MTD—Making Tax Digital for Individual Taxpayers

Posted by Capium on Apr 17, 2017 8:05:17 AM

Making Tax Digital (MTD) has been causing ripples ever since its announcement in 2015. The concept behind this initiative is to make tax simpler for both the taxpayers and the HMRC. It would remove the usual inefficiencies that are inherent in a paperwork-based taxation system.

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Topics: Blog, Making Tax Digital

The Second Foundation of MTD—Making Tax Digital For Businesses

Posted by Capium on Apr 10, 2017 4:51:00 PM

 

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Topics: Making Tax Digital

The Second Foundation of MTD—Making Tax Digital For Businesses

Posted by Capium on Apr 10, 2017 7:19:54 AM

For businesses, efficiency in any of their sub-systems is vital for the overall success. This is why most of the institutions incorporate automated systems that help them streamline their processes and manage them more efficiently. When it comes to the taxation system, millions of companies already manage it digitally. This is clear from the fact that 99% of VAT returns and 98% of Corporation Tax returns are submitted online by businesses. In addition to this, HMRC itself has provided digital accounts to numerous (read: millions) of SMEs.

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Topics: Blog, Making Tax Digital

The First Foundation of MTD–Tax Simplified

Posted by Capium on Apr 10, 2017 6:59:46 AM

Here at Capium, we have covered several informative blogs about Making Tax Digital (MTD) in an attempt to debunk the most common myths and to answer the most common queries our clients and readers have asked us.

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Topics: Blog, Making Tax Digital

Making Tax Digital—Results of Consultations

Posted by Capium on Mar 1, 2017 5:01:00 PM

 

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Topics: Making Tax Digital