Happy New Tax Year

A new tax year starts on 6th April and that means a set of changes from previous budgets and statements will also come into effect. Here's a round up of what’s changing for small businesses: Making Tax Digital: time to get ready! Is your business registered for VAT and does it have to be registered because its sales are over the threshold? Making Tax Digital (MTD) reporting for VAT will become compulsory from 1st April 2019 for all businesses who are, and have to be, registered for VAT. Why is this relevant now? If you prepare your accounts to 31st March every year and you’re not yet using digital software to keep your books, 1st April 2018 would be the best time to move across to a digital
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