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Get ready for the new data protection rules

The government is to introduce new data protection rules under the General Data Protection Regulation (GDPR) which take effect from 25 May 2018. Under the GDPR, businesses will have increased obligations to safeguard the personal information of individuals which is stored by the business. These rules apply to the information of customers, suppliers or employees. Generally, for those who are currently caught by the Data Protection Act it is likely that you will have to comply with GDPR. GDPR will apply to data 'controllers' and ...

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Making tax digital

Making Tax Digital for VAT

The government has issued information on how Making Tax Digital for Business (MTDfB) is expected to work for VAT once the rules are introduced in April 2019. Under the proposed rules, which have been issued subject to consultation, VAT-registered businesses with turnover which is more than the VAT registration threshold will be required to submit their VAT return digitally using software. Businesses with a turnover above the VAT threshold (currently £85,000) will have to: keep their records digitally (for VAT purposes only) pro...

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March 2018