January 2022 - RBC VAT

Making Tax Digital for VAT mandatory from 1 April 2022

19 January 2022| CATEGORIES: Making Tax Digital| TAGS: Making Tax Digital, New HMRC rules, VAT

Making Tax Digital for VAT (MTDfV) will be extended to all VAT registered businesses with effect from 1 April 2022. HMRC recently issued a reminder for VAT registered businesses to take steps to prepare for MTDfV before it becomes mandatory.

UK VAT penalty regime changes delayed until 2023

18 January 2022| CATEGORIES: HMRC, VAT penalty regime| TAGS: New HMRC rules, VAT News, VAT penalty changes

The Government has announced a delay to the introduction of the new penalty regime for VAT. The new system had been due to come into effect from 1 April 2022, however, this has been delayed by nine months until 1 January 2023.

RBCVAT provides practical, hands-on help and advice on all international VAT matters.

Month: January 2022

Making Tax Digital for VAT mandatory from 1 April 2022

UK VAT penalty regime changes delayed until 2023

RBCVAT provides practical, hands-on help and advice on all international VAT matters.