On 2 July 2019, Companies House Updates Appeals Manual For Late Filing Penalties (version 10), which will come into force on 1 October 2019. Contact DataTracks iXBRL Experts in the UK.

Keeping accurate records is an integral part of a business. Poorly organized records could be penalized by HMRC. It is important to digitize the mountain of paperwork, containing all your business transactions, from the commencement of your accounting period.

Individuals and businesses can easily file a tax return with Making Tax Digital (MTD), UK Government’s initiative, to save time and hassle by having a comprehensive digital tax administration service online.

If your company is registered in the UK under Companies House and received ‘notice to deliver a Company Tax Return’ from HM Revenue and Customs (HMRC), it is mandatory to file your returns both with Companies House and HMRC.

All private limited companies which are based in Singapore need to be compliant with Accounting and Corporate Regulatory Authority (ACRA). Annual filings are essential for active as well as dormant Singapore companies.

With less than three months to go before Making Tax Digital for VAT comes into effect, is your business ready for the upcoming changes to digital recordkeeping and filing that the new regime will bring? This article outlines the key aspects of Making Tax Digital for VAT and how to ensure your business is prepared.