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July 2017

Making Tax Digital postponed until 2019/20

A recent Treasury announcement confirmed that Making Tax Digital (MTD) will now only apply from April 2019 for businesses with turnover above the VAT threshold.  Full-blown quarterly reporting for all other businesses will now not apply until April 2020 at the earliest.  

Tim Woodgates
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PSC changes must be reported within 28 days

Changes have been made to the way companies report on ‘People with Significant Control’ (PSCs) and companies now need to report changes directly to Companies House within 28 days as well as updating their PSC register.  

Barbara Sandbach
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Changes to the Gift Aid Small Donation Scheme

Changes to the Gift Aid Small Donation Scheme legislated in the Small Charitable Donations and Childcare Payments Bill came into effect on 6 April 2017 making it simpler and easier to claim. 

Carolyn Rossiter
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