Category: HMRC

Making Tax Digital video blog 2

A guide to Making Tax Digital and what it means for you

In a year's time Making Tax Digital for VAT will be in full effect. But why should you care? Well, if your business is both: VAT registered, and has a taxable turnover that's greater than the registration threshold (currently £85,000)...

/ 6th April 2018
Making Tax Digital (MTD) for VAT pilot testing

Making Tax Digital (MTD) for VAT pilot testing

Clear Books has been working closely with HMRC to make sure our accounting software is ready for the implementation of Making Tax Digital (MTD) in April 2019. In order for HMRC to ensure the system is working as it should...

/ 28th February 2018
HMRC and The Joker

Bonkers! HMRC Say They Will Support Spreadsheets in MTD?

(Note, we now have a product that seamlessly allows businesses to keep spreadsheet records, while allowing the accountant to submit their returns digitally, complying with MTD) I applaud the sentiment behind the government’s Making Tax Digital (MTD) initiative i.e. to...

/ 1st February 2017

MTD consultation documents – The results!

On 31 January 2017 the Government published the responses to the six consultation documents on Making Tax Digital (MTD) and incorporated links to draft primary legislation, for this year’s Finance Bill. There was an unprecedented 3,000 responses directly to the...

/ 1st February 2017

PAYE and Real Time Information

Starting in the 2013/14 tax year, HMRC are looking to change the way employers report on pay and taxation of employees. This will have important implications for all our customers who are running a payroll, so we thought we’d give...

/ 21st August 2012

P45 and P46 online filings to HMRC

We are pleased to announce that you can now submit P45 Parts 1&3 and P46 forms directly to HMRC from Open Payroll when an employee joins or leaves. This marks the start of many integrations with HMRC which are currently...

/ 11th July 2011