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 penalties
for late tax returns
pkf francis clark
01392 667000
 The meter will soon be running on your tax returns. HMRC has revealed details of a penalties system for late submissions and payments under Making Tax Digital, (MTD) confirming it plans to pursue a points-based model.
 From April 2019 all compulsorily VAT registered businesses must submit their VAT returns through software under the HMRC's MTD plans. Earlier this year HMRC ran a consultation on three potential penalties models: points-based, regular review of compliance and suspension of penalties. In its report HMRC stated that a large majority of respondents favoured the points- based model due to its comparative simplicity.
Under the model, customers would receive a point every time they fail to submit on time. A penalty will be charged at a certain threshold, which will be dependent on the frequency of their submission obligations. After the threshold has been reached, a penalty will be charged for every subsequent submission failure.
The penalty thresholds put forward are: 2 points for annual submissions, 4 points for quarterly submissions and 5 points for monthly submissions. One amendment is that penalty points will have a shelf-life and would expire after a period of good compliance.
The system will work with a separate points total per tax, rather than one points total relating to all obligations, reflecting business structure, where different departments may be responsible for different taxes.
Draft legislation is expected in summer 2018, and it is anticipated that the model will first be implemented for VAT in 2020, to give taxpayers a year to become familiar.
Martin Atkins Partner said: "Despite the analogies with traffic PCN's, this announcement is actually to be welcomed.We are currently working with our clients to guide them through the process and help them plan properly. Whether we like it or not the future is a digital one, but with good planning and advice, penalties can of course be avoided.”
trends
  reveal tastes
distinction doors
01226 352274
 Distinction Glass has just revealed information on its most popular glass ranges and it indicates how much contemporary styles are coming to the fore these days.
 Chantel Roach, Sales and Marketing Director, commented: “All our ranges have seen growth, but, as in previous years, our contemporary ranges have seen a surge in interest. It demonstrates consumers’ continued interest in contemporary living trends.”
collections and celebrates the strength of Distinction’s glazing offering, something that is reflected in strong sales growth. All designs are triple glazed, something that offers three major benefits. It helps maintain thermal efficiency, it ensures the glass is easier to keep clean because the decorative panel is enclosed within two clear panes and it increases security levels too. This is because the external pane is fitted with 6.8mm laminated safety glass to BS EN 14449, meaning installers can upsell to the Secured by Design option on Distinction’s doors without needing to place an order for special glass on an
extended lead time. The quality of the range is highlighted in the 44- page retail glass brochure which helps make choosing the glazing panel a pleasure for consumers.
“We know it’s important to give consumers the choice they’re looking for. While our contemporary glass ranges have seen the most growth, there’s no doubting the continuing and growing appeal of our traditional glass ranges too.”
Distinction was the first company to introduce a contemporary glazing range designed around each door style. Its continued popularity demonstrates the company’s ability to reflect consumer trends and tastes, which is undoubtedly one of the reasons it remains a market leader in the composite door sector.
The Distinction Glass brand comprises 24 designs across four
a triple threat
     morley glass & glazing
0113 277 8722
 Morley Glass & Glazing has been named as the UK fenestration industry’s best IGU manufacturer in the fifth annual National Fenestration Awards.
 The business fought off stiff competition from seven other companies in the category, which was sponsored by Edgetech (UK) Ltd. The victory brings to a close an award-winning year for Morley Glass and its MD Ian Short, with 2017 going down in the company’s history as one of unmitigated success.
samba skills, raising more than £14k in the process.
had confidence in our offer, and 2017 has been a big year which saw us launch a new website and home automation interface as well as invest £700,000 in a second IGU production line.
July saw Ian honoured for his contributions to charity and the community this month as he was awarded a Paul Harris Fellowship from The Rotary Foundation in recognition of his significant support for its work. Three months later, he lifted the glitterball trophy at the Variety Strictly Ballroom charity competition for his sleek
Launched in 2013, the open platform National Fenestration Awards are run and decided completely by the participation of the industry. Instead of judges and panels, winners are chosen by the public. Winners of the awards will be invited to a special Winners Event by awards organisers in the New Year.
“Hopefully this is a sign of even bigger things to come next year and we’re certainly looking forward to celebrating our 20th anniversary with a number of plans already in the works to make the next 12 months even bigger and better than the last.”
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Ian comments: “This latest award win is fantastic news to bring the year to a close. We’ve always

































































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