Clients Bruce Brown and Luke Jackson are an entrepreneurial duo from Carlisle whose self-named brand ‘Bruce and Luke’s’ includes Foxes Café, Coffee Genius, Bruce and Luke's Donuts and also their coffee supply and mainentance service.
By 1 April 2019, all Holiday Parks with a turnover exceeding the current VAT registration threshold of £85,000 will have to submit their VAT returns digitally using an API interface like Xero.
Making Tax Digital requires VAT registered businesses with a taxable turnover above the VAT registration threshold (currently £85,000) to keep their records in digital form and to file their VAT returns online using a API software but who are the exemptions to this rule?
Making Tax Digital (MTD) comes into effect on 1st April 2019 and will see an end to 'shoe box' accounting. A cloud accounting package can help ensure you are compliant.
Armstrong Watson's first Decision Makers' Dinner took place last week where a group of business owners in Leeds discussed grants, training, apprenticeships, millennials, the minimum wage, data management, use of KPIs, people and supplier & customer management