HMRC’s Making Tax Digital (MTD) initiative marks a significant shift in how businesses handle VAT reporting in the UK. Introduced as part of the government’s broader digitalization strategy, MTD...
In today’s digital age, businesses of all sizes are increasingly turning to cloud bookkeeping as a solution for managing their financial records. Cloud bookkeeping, which involves using internet-based software...
In recent years, HMRC has intensified its scrutiny of Research and Development (R&D) tax credit claims, leading to a significant increase in investigations. The R&D tax credit scheme, designed...