Not only does this VAT increase mean an increased price tag for essential software like Word and Windows OS, but it also reduces the accessibility of premium, full versions of such software for ...

Check out some of the best accounting software for UK small businesses, below: Sage. Sage is a cloud-based accounting tool for small businesses, recognised by HMRC and compatible with Making Tax ...

The UK tax authority (HMRC) demanded VAT on 100% of the sum received from a fan, not just on the 20% commission, over the period from July 2017 to January 2020. The EU Court of Justice upheld the ...

The National Board of Revenue (NBR) has introduced a new system allowing VAT-registered manufacturing companies to file their VAT returns directly from their own ERP software with a single click, ...

However, due to the incompetence of the GRA’s software support team write the software code and who works with the various companies to implement E-VAT, the system has failed to function ...

All VAT-registered businesses are now required to comply with Making Tax Digital, and, by April 2027, many other businesses will need to keep digital records and file their tax returns digitally.