Tolley’s Taxation Awards
16 May 2019.
MTD
HMRC has updated its guidance for businesses joining Making Tax Digital (MTD) for VAT from 1 April or 1 October to confirm that those paying VAT by direct debit cannot sign up in the seven working days before or the five working days after sending a VAT return.
ERS bulletin
Employment Related Securities Bulletin 31 includes articles on: notifying errors in EMI options new valuation form 231 annual returns and changes to HMRC addresses.
Digitalisation
The Delivery of Tax Information through Software (Ancillary Metadata) Regulations SI 2019/360 requires suppliers of MTD-compatible software to ensure that any tax-related information delivered to HMRC is accompanied by the relevant metadata as prescribed by HMRC for fraud detection purposes. The regulation came into force...