Quill: McCloy Legal case study

McCloy Legal successfully switched over to superior legal accounting software and completed VAT milestones – with Quill.

Advanced Legal: Making tax digital – A guide for small businesses

As of April 1st 2021, a VAT registered business with a taxable turnover above the VAT threshold is now required to follow new rules with regards to keeping digital records and digitally submission.

sa.global ask: How did your system cope with the recent VAT change?

When investing in a technology, it is imperative that the software is adaptable and responds quickly to change, whether these are legislative reforms such as the employment law (minimum wages and pay gap reporting), or environmental law amendments. The focus must be on how quickly the systems can pivot and respond to these changes to remain […]

Quill: Disbursements and expenses – VAT and its application

The legal profession is no stranger to the complications of legal accounting rules. In the past few months, law firms UK wide have been getting to grips with revisions to existing accounts regulations. Now, with recent developments in case law, not least the judgment made in Brabners LLP v HMRC, treatment of VAT for disbursements and expenses has […]

Tikit announces its flagship practice and case management solution, P4W, has been included on HMRC’s list of VAT compatible software products for Making Tax Digital (MTD)

Tikit, a global provider of technology solutions to legal firms, has today announced that P4W will be included in the HMRC’s list of VAT compatible software products for Making Tax Digital (MTD). The government plans to use MTD to make it easier for individuals and businesses to get their tax right. From the 1st April […]

A disbursement or not a disbursement – that is the question

You may have heard recently about the case of Brabners LLP v HMRC where the tribunal judge held that electronic property search fees could not be labelled disbursements for VAT purposes, leaving Brabners with a hefty £68,000 VAT bill and law firm accounting departments across the country with sweaty palms. So where does the decision […]

DPS Software asks: are you ready for making tax digital?

In July 2017 the UK government announced that Making Tax Digital (MTD) for VAT will come into effect from April 2019. This means businesses who meet the VAT threshold will have to keep their records digitally and provide their VAT return through MTD compatible software. The Four Foundations of Making Tax Digital Better use of […]