The Rhino Bridging Feature - Video Tutorial The "Bridging Feature" is a term used by HMRC to describe the process of uploading and submitting a spreadsheet to MTD. If you are struggling with any aspect of this video tutorial, you can always join one of our daily [...]
Making Adjustments You may need to enter adjustments to correct a previous VAT submission for example. For further details on VAT adjustments go to https://www.gov.uk/vat-corrections. In the event you need to make an adjustment, simply click on the down arrow icon to the right of the [...]
Video Tutorial - Creating Invoices Video Tutorial - Tracking Expenses Video Tutorial - Submitting your MTD Vat Return How to find the best verified coupon codes in India? Verified coupon codes are the perfect way to save money [...]
The Rhino VAT Dashboard - Your HMRC VAT Account at a glance. The Rhino MTD Dashboard automatically connects to and displays the latest information from the HMRC MTD System. The information extracted from HMRC is divided into 3 sections: The SUMMARY section contains a useful summary [...]
Connect Rhino to your HMRC MTD Account You will need to complete the following one-off authorisation process to connect the App to your HMRC MTD account. Step 1. Enter your VAT Details You need to enter your VAT Number and VAT Scheme in Rhino using the following steps. Click on [...]
An Introduction to HMRC Making Tax Digital - MTD Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs. The HMRC MTD project will replace the existing taxes management systems with a single fully [...]
MTD - Income Tax Are you eligible to take part in the pilot? With over 5.4 million small business owners having to comply with Making Tax Digital Self-Assessment by April 2024, many people are now choosing to join the pilot to get a head start and avoid leaving it to [...]
HMRC MTD - Case Study Entrepreneur and businesswoman Beth Turner worked in HR for a prestigious department store before choosing to become an independent business owner. She noticed a downside: along with the satisfyingly rapid growth of her business came the burden of administration. “I was running an increasingly successful business from various pieces [...]