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The Accountants for Growth

Making tax digital – Don’t be caught out on 1 April 2019

Making tax digital – Don’t be caught out on 1 April 2019
Small businesses with annual sales of over £85,000 will be required to file their VAT returns digitally for all VAT periods starting on or after 1 April 2019.
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Small Company Filing Options

Small Company Filing Options
Recent changes in company law have removed the option for small companies to file abbreviated accounts. Furthermore the accounts presentation and disclosure requirements have changed also and these have been embodied in FRS 102 Section 1A.
Small and medium size companies have got used to filing abbreviated accounts for a number of years however these have been abolished for accounting periods commencing on or after 1 January 2016.
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