The future of finance is digital. Making Tax Digital (MTD) is one of HMRC’s key strategic priorities, with the aim of transforming and modernising how tax is reported and managed.
From April 2019, all businesses in the UK with a turnover above the VAT threshold (currently £85,000) will be required to keep digital records of their VAT in addition to filing electronic quarterly returns.
Hong Kong Financial Secretary, John Tsang started his visit to Singapore on 31 July 2014 to strengthen economic and trade ties between the two cities.
The People's Bank of China has said that reforms to the nation's banks will be deepened in order to improve their services.
Some foreign firms in China can now use their registered capital to buy stakes in other Chinese companies as part of an experiment to further loosen capital controls, the State Administration of Foreign Exchange (SAFE) said today.
The Pensions Regulator has published compliance and enforcement details showing how many times it has needed to make use of its formal powers to ensure employers comply with their automatic enrolment duties.
The government has published its response to a further consultation on the delivery of childcare accounts within the Tax-Free Childcare scheme.