MTD – Time is running out…

Much of the reporting around Brexit has concentrated on the impacts at the border with all the additional paperwork but it is worth noting these changes extend to the way you record VAT as well. While the tax return submission process will remain the same, it is necessary to update how...

In our series of articles on Making Tax Digital (MTD) we have examined all of the recent legislative updates from HMRC. Now don’t get us wrong, regulatory compliance is always a vital requirement for any business but equally important to us at Cooper Software is giving our customers...

Last time out we covered HMRC’s announcement to extend the soft landing for MTD to April 2021 and the legislative change was confirmed in the VAT notice published last month. Along with this extension, a number of other ‘relaxations’ to the existing requirements were added that cover...

In these unprecedented, challenging and uncertain times, tax is a constant, however the HMRC are not immune to the impact currently being experienced. Last Month was supposed to see the end of the ‘soft landing’ period for Making Tax Digital (MTD) but, to further ease pressure on businesses, HMRC...

As businesses are navigating through the uncertain times due to the COVID-19 pandemic, HMRC have made temporary changes to VAT to ease cash flow on businesses. This blog post has been created on the back of several queries raised by customers using our MTD for VAT solution ahead of making their Q1...

While governments, companies and people around the world look to navigate Coronavirus (COVID-19),  Cooper Software remains fully committed to the health and safety of our staff and customers and to delivering continuity of service at all times. In the past days, we have implemented a number of...

As we approach the end of the Making Tax Digital for VAT (MTD) soft landing period, now is a pertinent time to reflect on how far we have travelled on our MTD journey and where we are headed next.  We will also try and set out some key information as what dispensations HMRC have allowed during the...

Following the introduction of HMRC’s Making Tax Digital (MTD) legislation on 1st April 2019, Cooper Software has seen a number of our IFS customers successfully submit their firstVAT return digitally using our MTD solution. To date, we have carried out several installations of our cloud-based MTD...