Andrew Robinson encourages farmers to prepare their farm businesses for Making Tax Digital and highlights the time and money-saving benefits in the long-run.
Our Forensic experts investigate fraudulent business interruption insurance claims for losses which were never suffered or exaggerated during the health crisis.
If your taxable turnover is over £85,000 then you should by now have signed up to Making Tax Digital (MTD) and be submitting your VAT figures using the MTD VAT return in Xero or other compatible software.
Under Making Tax Digital (MTD) businesses need to grant permission for their accounts software providers to access their HMRC data and this permission must be updated every 18 months.