HMRC's vision to digitalise the UK tax system is well underway. The transformation started in April 2019 with Making Tax Digital (MTD) for VAT for businesses with taxable turnover above the VAT threshold.

The latest key tax rules and reliefs affecting business.

This webinar provides a detailed step by step guide for businesses on implementing MTD for VAT.

20 October: The road to enable agents to see and do everything their MTD clients can before April 2023 is under construction says Roy Wallace, HMRC’s Director of Making Tax Digital.

09 October: While MTD for VAT will be mandatory for all VAT registered traders from 2022, changes expected in 2021 will affect VAT registered businesses not yet in MTD. ICAEW’s Tax Faculty explains the likely impact.

Paul Aplin, immediate past President of ICAEW, examines the future-proofing measures being taken by HMRC and how the COVID-19 pandemic has affected the strategy.

Three perspectives on one of the trickiest issues emerging from a new era of global trade.

An updated response dated 30 March 2020 to a consultation published by the Treasury Committee on 20 March 2020.

A response dated 23 March 2020 to a consultation published by the Treasury Committee on 20 March 2020.

ICAEW writes to the Financial Secretary on priorities for Budget 2020. These must: ensure the UK remains an internationally attractive location for business to locate and invest. The Government should prioritise work in five areas: align the UK tax system with its policy objectives, take time to get legislative change right first time, review the costs and benefits of Making Tax Digital, properly resource HMRC, and seize the opportunity presented by the UK leaving the European Union to reform VAT.

ICAEW responds to the business lifecycle review call for evidence published by the Office of Tax Simplification in October 2018.

A series of short case studies from businesses in a range of industry sectors on how Making Tax Digital has worked for them.

List of companies who are supplying suitable software to support the MTD for VAT pilot. These suppliers have tested their products in HMRC's test environment and have already demonstrated a prototype of their software to HMRC.

Notice giving updated guidance on digital record keeping and return requirements of MTD for VAT. It explains the digital records that businesses must keep, ways to record transactions digitally in certain special circumstances, and what counts as ‘functional compatible software’.

Technical note giving a revised statement of impacts for the Making Tax Digital for Business programme to reflect the changed scale and scope of the mandatory elements announced in the government's Written Ministerial Statement of 13 July 2017.

A summary of a panel discussion on machine learning, artificial intelligence and its impact on accounting. The article looks at predictions for 2018 and the implications for making tax digital (MTD).

Statement made by Mel Stride, Financial Secretary to the Treasury, announcing policy changes to the timeframe and scope of Making Tax Digital rules.

Policy paper explaining the foundations of MTD, the impact on individuals and businesses, links to consultations, the next steps for implementing MTD for business, and case studies.