Are you ready for Making Tax Digital (MTD)?
Before I do the ‘old scare stories’ let me be clear on where we stand with Making Tax Digital (MTD). From April 2026, MTD requires self-employed people earning above £10,000 to send HMRC quarterly updates, There will then be a Final Declaration using MTD-compatible software.This replaces the current system, which requires self-employed people to submit […]
No More Talking: The Definitive Conditionality Tax Checks Guide
Conditionality Step-by-Step 4th April is extremely important for private-hire operators, taxi, and private hire drivers. Up until now, drivers didn’t t need to be registered for tax to be licensed. But as from the 4th, they have. Anyone needing a license for public or private hire, companies, self-employed, employed, taxpayers and non-taxpayers will have to […]
Is Making Tax Digital The Government’s Fyre Festival?
As MTD’s flagship accountancy practice, we’ve immersed ourselves in it from the very start. Initially, it felt like a massive futuristic shift. Five years later, it is all talk and no action. It now feels like the government’s version of the Fyre Festival.
Making Tax Digital is coming, but Eazitax is still putting clients first
The way we work, buy our groceries, communicate with friends – technology has vastly changed the way we live. And it’s true for accountants too! Our very own Jolene Hutton recently gave an interview about how Making Tax Digital will change the way that businesses report to HMRC. In the interview which appeared on accountingweb.co.uk, […]
Thomson Reuters joins the MTD bridging charge
Thomson Reuters has joined the ranks of Making Tax Digital-compliant software with the announcement that it has successfully used its cloud-based Onvio solution to make a full MTD for VAT submission. Provided as an alternative to the current government gateway, which will disappear for businesses in scope of the new Making Tax Digital rules from […]
Open banking, MTD and The Personal Tax Account – what does 2018 have in store for us?
Open Banking A quiet little deadline passed in January with the introduction of open banking. It is a series of new rules meaning that banks must let you share your financial info with other authorised providers. It was originally called for by financial industry watchdogs and its proper name is ‘The Second Payment Services Directive’ […]
Dear Client, The MTD Loving Digital Accountant Gets Real World
As Accountants in Practice today The Digital Agenda is just a simple statement of fact. We do not operate in a vacuum. There is a wall of noise about all things digital. In truth much of it aimed at the average accountant is being driven by the need to sell us software, expertise and systems. All of which supposedly we cannot exist without, or which will make us […]
Tech Talk: Jolene Hutton
Welcome to Tech Talk, a monthly catch-up with an accountant in practice to find out the effect that technological changes have had on the industry over the years. Today we are joined by Jolene Hutton, operations director of Eazitax, an accountancy practice working with self-employed people and small and medium-sized businesses in Loughton, Essex. Eaxitax is […]
