The First Foundation of MTD–Tax Simplified
Here at Capium, we have covered several informative blogs about Making Tax Digital (MTD) in an attempt to debunk the most common myths and to answer the most common queries our clients and
The Third Foundation of MTD—Making Tax Digital for Individual Taxpayers
Making Tax Digital (MTD) has been causing ripples ever since its announcement in 2015. The concept behind this initiative is to make tax simpler for both the taxpayers and the
The Second Foundation of MTD—Making Tax Digital For Businesses
For businesses, efficiency in any of their sub-systems is vital for the overall success. This is why most of the institutions incorporate automated systems that help them streamline their processes
The 4 Modifications Suggested by the Finance Bill Sub-Committee Regarding the Implementation of MTD
The four main modifications put forward in the report published by the Sub-Committee to make sure that the road to the implementation of Making Tax Digital (MTD) is smooth, are
The Finance Bill Sub-Committee Urges Government to Delay the Implementation of MTD
On 17 th March, 2017, the Finance Bill Sub-Committee published a report which underlined the need for the government to postpone the implementation of Making Tax Digital (MTD) for businesses.
The Top 3 Takeaways from the Spring Budget 2017 for Businesses and Individuals
Britain is preparing its exit from the EU, which calls for reforms focusing on economic stability. Chancellor Philip Hammond presented his first Budget to the parliament, and here are the
What Does the Spring Budget 2017 Mean for SMEs?
The Spring Budget for 2017 has just been announced, and there are many reforms regarding businesses that Chancellor Philip Hammond guarantees will make Britain “the best place in the world
3 Reasons to Move Your Accounting Practice on the Cloud
You have probably heard of cloud technology and systems. Most of us have used them without knowing it . For instance, if you have ever shared files on Dropbox, or
Making Tax Digital—Results of Consultations
In August of 2016, the government published six documents of consultation, taking into account each sector and element that could be affected with the implementation of Making Tax Digital.
All You Need to Know about Making Tax Digital (MTD)
HMRC is set to digitalise the taxation system in the country by the year 2020. This will be applicable for landlords, entrepreneurs and most businesses, and they would require digital
Making Tax Digital (MTD) — Debunking the Myths about Making Tax Digital (MTD)
In the Budget announced in 2015, the government announced a plan for the digitalisation of the taxation system, which will make Britain’s taxation system the most digitally advanced all around
Do You Have any Reason to Worry about Brexit and its Impact on MTD?
Both Making Tax Digital (MTD) and Brexit have created ripples in the country and have affected many industries. While the responses to Brexit were mostly on the negative side,
Making Tax Digital (MTD) and the Impact of Brexit
Making Tax Digital (MTD) was announced in the March Budget of 2015, with the details being provided in the Autumn Statement 2015. The program was announced to initiate building of
The Draft Finance Bill 2017 & the Proposed PAYE Settlement Agreement Clauses
The Government recently published the draft Finance Bill 2017 provisions. The publication holds major events for both individual and corporate taxpayers and advisers. One of these events is the simplification
A Comprehensive Solution to All Your Accounting Impediments
Capium offers a unique combination of six completely integrated modules that serves for all your accounting needs. Integration amongst all these modules significantly reduces the burden of manual inputs and
Making life easy with bulk Employer Payment Summary (EPS)
Employer Payment Summary is the most common way of informing HMRC about the amount that is to be recouped. If entitled to any employment allowance, you may simply send an
Automated Bulk FPS with Capium
Bulk payroll is a comprehensive tool which allows accountants and practitioners to automate FPS (Full Payment Summary) submissions for a number of Clients with just a click. Prerequisite involves setting
Things to know about Making Tax Digital
Transformation of the entire taxation procedure by 2020 is the next target set and we are all about to experience a digital evolution in the traditional procedures which will eventually
Digital Tax Guide for Small Practice
(What it means for them in real life) In recent conversations with clients, there seems to be a high level of uncertainty relating to the impact of Making Tax Digital
Digital Tax Guide for Small Practice
(What it means for them in real life) In recent conversations with clients, there seems to be a high level of uncertainty relating to the impact of Making Tax
