Mandatory Direct Debit proposed for VAT and PAYE payments
Businesses may face changes to how they pay tax The government has published a consultation on proposals that will require most VAT-registered businesses and employers to pay VAT and PAYE liabilities by Direct Debit. The aim is to reduce late payment and simplify the payment process. HMRC consider that automating the payment process by […]
HMRC’s Transformation Roadmap: How Digital Tax Administration Will Change the Way Businesses Work
The way UK businesses interact with HM Revenue & Customs is changing significantly. HMRC’s continued transformation programme is moving towards a more digital, data-driven approach to tax administration. For businesses, this means that maintaining accurate digital records, using compatible software and managing information effectively will become increasingly important. The changes are part of a wider […]