HMRC approves 18 MTD software suppliers

HMRC has released a list of approved Making Tax Digital (MTD) software developers for VAT-registered businesses to use from next year. Businesses with annual taxable turnover of more than £85,000 will be required to maintain digital records for VAT and submit...

Small businesses get £8m tech boost

The government has revealed a new fund to support small business performance and productivity. As part of the government's long-term Industrial Strategy, the Business Basics Fund will provide £8 million to help small businesses adopt current technologies and...

Funeral costs come under scrutiny

The high cost of the £2 billion funerals industry is under investigation, with the Competition and Market Authority (CMA) and the Treasury both launching reviews into the sector. The CMA is conducting a market study to examine the information that funeral directors...

Tenant fees ban set to cost landlords £82.9m

A new ban on tenant fees could push costs of more than £80 million onto landlords, government figures have shown. The tenant fees bill, which was published on 2 May 2018, includes a ban on all fees charged to tenants apart from rent, deposits, and other necessary...

MTD for individuals delayed

HMRC has revealed that rolling out digital services for individuals, such as the simple assessment and real-time tax code changes, have been delayed. The move was announced in an email sent to stakeholders last week, which confirmed the delay was down to a shift in...
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