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Posts archive for September, 2017

12th September 2017

Making Tax Digital delayed until 2020 for all taxes except VAT

Filed Under: Tax, Accounting, Business News

HMRC has announced a deferral to the launch of Making Tax Digital (MTD) following concerns raised by the accountancy profession, businesses and parliamentary bodies. The recommendation to postpone the implementation of MTD to 2019/2020 was originally proposed by the Treasury Committee in January which called HMRC’s plans ‘over ambitious’ in their 50 page report. The system for keeping tax records digitally was originally set to go live from April 2018.

The new timetable

  • Businesses with a turnover above the VAT threshold (currently £85,000) will start to keep digital records, for VAT purposes only, from 2019. All other taxes are optional until 2020.
  • Businesses and landlords with a turnover below the VAT threshold will not have to keep records digitally until ‘at least’ 2020.

We will continue to keep you updated with developments as HMRC release more information!

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11th September 2017

Autumn Drinks Evening

Filed Under: Events

We are excited to announce that we are hosting our Autumn Drinks Evening on Friday 6 October 2017 at The Verandah in Worthing, 6pm -to 8.30pm.

The evening will be an opportunity to have a drink and catch up with clients and contacts, old and new.

As well as meeting the THL team, you will be able to explore Chalfen of London stunning jewellery collection and have a brief introduction to currency trading using algorithmic robots.

If you would like to attend our Autumn drinks evening, please RSVP with your contact details to info@thlaccountancy.co.uk

We look forward to seeing you there.



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