Businesses with more complex requirements will be given an extra six months to comply with Making Tax Digital for VAT, HMRC have announced. The six month deferral until 1 October 2019 applies to businesses which fall within one of the following categories:
- Trusts - ‘not for profit’ organisations that are not set up as a company - VAT divisions - VAT groups - Government departments - NHS trusts - Local authorities - Public corporations - Traders based overseas - Those required to make payments on account and annual accounting scheme users It is estimated around 3.5% of VAT-registered entities will be affected. HMRC has also released new and updated guidance to help businesses with the new requirements.
24/10/2018
View all >
11/05/2026
HMRC reminds parents to extend Child Benefit claims
HMRC is reminding parents of 16-19-year-olds to extend their Child Benefit claim if their teenager is staying in certain types of education or training after their GCSEs or National 5s.
READ MORE
Small firms pushed out of EU markets by red tape and rising costs
Red tape, rising costs, and complex rules are pushing small firms out of EU markets, new research by the Federation of Small Businesses (FSB) has warned.
‘Disproportionate tax burden’ closing two pubs a day
A total of 161 pubs closed across Britain in the first three months of 2026, an equivalent of almost two a day, according to figures from the British Beer and Pub Association (BBPA).
Sign up to keep in touch to receive our latest news and industry updates.
* *
Yes, I would like to receive email updates providing me with the latest finance news, advice guides and details of future events.