October / November 2022 Newsletter
Posted on 3rd November 2022 by Joanne Stoneman
See our October / November newsletter which we hope some of the content will be of interest to you.
As we are now into dark evenings and colder weather, its time to think about, and start preparing for some changes coming, including:
- MTD for the self-employed and partnerships, which will require businesses to have MTD compatible software, and the change in when business profits are taxed. It's for tax years 2024/2025, so you may think there is plenty of time. So we must use this time to plan and be ready for the change.
- VAT, from 1 November 2022, businesses will no longer be able to file VAT returns, via their online VAT account, if you haven’t already done so you need to register for MTD and acquire MTD compatible software
