by Lotuswise | Feb 12, 2021 | Making Tax Digital, Tax
Domestic VAT Reverse Charge 2021 for Building and Construction Services Domestic VAT Reverse Charge 2021 The domestic VAT reverse charge for building and construction services finally comes into effect on 1 March 2021. The start date was originally 1 October 2019, but... 
by Lotuswise | Jan 19, 2021 | Coronavirus: Finances, Making Tax Digital
New Year, New Strategy: Building your 2021 Flexible Business Strategy Building your 2021 Flexible Business Strategy in Uncertain Times Building your 2021 flexible business strategy – We live in uncertain times and planning for the future is challenging. Rather... 
by Lotuswise | Aug 7, 2020 | Coronavirus: Finances, Making Tax Digital, Tax
DETAILS ON HOSPITALITY VAT REDUCTION HOSPITALITY VAT REDUCTION: WHAT IS IT ALL ABOUT? When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a number of areas that needed... 
by admin | Dec 20, 2019 | Business Success, Cloud Accounting, Making Tax Digital, Tax
We, the Lotuswise Team, wish all our clients & friends a very Merry Christmas and a Happy New Year! Lotuswise Chartered Accountants and Business Consultants can help you and your business succeed. To find out how, please contact us. To also... 
by admin | Feb 4, 2019 | HMRC, Making Tax Digital, Tax, Technology
MTD for VAT Pilot is Now… Open to All You may have heard that, on 10 January 2019, HMRC announced that their Making Tax Digital for VAT (MTDfV) pilot was now open. As such, it is accessible to all those mandated to keep digitally compliant records and to file... 
by admin | Aug 2, 2018 | HMRC, Making Tax Digital, Tax
Making Tax Digital For VAT Guidance Issued HMRC have now issued their detailed guidance on the digital record keeping and return requirements for Making Tax Digital (MTD) for VAT. VAT Notice 700/22 clarifies that spreadsheets may still be used to keep your business...