{"id":73502,"date":"2016-08-16T06:24:37","date_gmt":"2016-08-16T06:24:37","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=09b4325ad3dd664d59541e355266fa16"},"modified":"2016-08-16T06:24:37","modified_gmt":"2016-08-16T06:24:37","slug":"more-than-one-million-small-businesses-and-landlords-exempt-from-quarterly-reporting-3","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=73502","title":{"rendered":"More than one million small businesses and landlords exempt from quarterly reporting"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<p>HMRC has published six consultation documents on the making tax digital programme to digitalise the <a href=\"http:\/\/tinyurl.com\/jvxcwjq\">tax system<\/a>. It also announced that 1.3m small businesses with a turnover of under \u00a310,000 and landlords will be exempt from having to update HMRC quarterly or keep their records digitally.<\/p>\n<p>&#13;<\/p>\n<p>The government is also considering deferring digital recordkeeping and quarterly updating for a further group of small businesses and will explore options to assist businesses with the transition.<\/p>\n<p>&#13;<\/p>\n<p>Finally, the documents confirm that those who cannot go digital will not be required to do so.<\/p>\n<p>&#13;<\/p>\n<p><strong><em>Bringing tax into the\u00a0digital age<\/em><\/strong><\/p>\n<p>&#13;<\/p>\n<p>This considers the practicalities of making the transition to digital record keeping, how businesses can choose the right product, and the guidance and &#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<p>HMRC has published six consultation documents on the making tax digital programme to digitalise the <a href=\"http:\/\/tinyurl.com\/jvxcwjq\">tax system<\/a>. It also announced that 1.3m small businesses with a turnover of under &pound;10,000 and landlords will be exempt from having to update HMRC quarterly or keep their records digitally.<\/p>\n<p>The government is also considering deferring digital recordkeeping and quarterly updating for a further group of small businesses and will explore options to assist businesses with the transition.<\/p>\n<p>Finally, the documents confirm that those who cannot go digital will not be required to do so.<\/p>\n<p><strong><em>Bringing tax into the&nbsp;digital age<\/em><\/strong><\/p>\n<p>This considers the practicalities of making the transition to digital record keeping, how businesses can choose the right product, and the guidance and &#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/73502"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73502"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/73502\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}