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Category: Making Tax Digital

120k firms miss MTD for VAT deadline

More than 120,000 VAT-registered businesses in the UK missed the August deadline to file returns through Making Tax Digital (MTD). HMRC confirmed that around 116,000 businesses with quarterly obligations and 5,000 firms that file monthly returns did not sign up in time. Most VAT-registered businesses with annual taxable turnover of more than £85,000 have to […]

Open Banking and how this impacts Xero

New EU standards, due to take effect from 14 September 2019, will change the way some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds will be replaced by new direct feeds using Open Banking. What is Open Banking? Open Banking means you can choose to share your bank […]

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    © NR Barton Limited | Registered in England – Company No. 11530910 Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number C006536232 In accordance with the disclosure requirements of the Provision of Services Regulations 2009, details of our professional indemnity insurer is available from the partner in charge of your affairs. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of America or Canada. VAT number: 151 6363 79 Registered in England and Wales: 11530910

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