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How to avoid penalties for Making Tax Digital for VAT?

Filing VAT returns Businesses must file their VAT returns using functional compatible software.  Most businesses are doing this successfully, but those who do not may be charged a £400 penalty for each VAT return filed. Keeping records digitally Businesses must also...

SRA Confirms Fining Power Increase to £25,000

Towards the end of 2021 the SRA announced that they were proposing an increase in fining powers from £2,000 to £25,000. In addition, the regulator announced the development of a new fast track system for ‘fixed penalties’ for low-level offenses. It was recently...

Reshaping Legal Services

The LSB (Legal Services Board) has developed a new website called reshapinglegalservices.org.uk. The new website aims to present research and insight about the future of legal services from lawyers, regulators, tech experts and consumers. The idea behind the website...

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The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

How to avoid penalties for Making Tax Digital for VAT?

Filing VAT returns Businesses must file their VAT returns using functional compatible software.  Most businesses are doing this successfully, but those who do not may be charged a £400 penalty for each VAT return filed. Keeping records digitally Businesses must also...

SRA Confirms Fining Power Increase to £25,000

Towards the end of 2021 the SRA announced that they were proposing an increase in fining powers from £2,000 to £25,000. In addition, the regulator announced the development of a new fast track system for ‘fixed penalties’ for low-level offenses. It was recently...

Reshaping Legal Services

The LSB (Legal Services Board) has developed a new website called reshapinglegalservices.org.uk. The new website aims to present research and insight about the future of legal services from lawyers, regulators, tech experts and consumers. The idea behind the website...