The Importance of Making Tax Digital to Retailers & Hospitality Businesses

mtd_graphic.png

As of April 1 2019, half a million VAT registered UK businesses have to comply with the new taxation standard Making Tax Digital. VAT registered businesses must now keep digital records of their transactions and submit VAT returns using a digital link to HMRC.

From April 2019, quarterly reporting is:

  • Mandatory for VAT for all VAT-registered businesses with a turnover above the VAT registration threshold (£85,000)
  • Optional for VAT-registered businesses with a turnover below the VAT registration threshold (£85,000)

From April 2020 (at the earliest), quarterly reporting is:

  • Mandatory for income tax and corporate tax (as appropriate) for all businesses (including landlords) with a turnover over the VAT registration threshold (£85,000)
  • Optional for businesses (including landlords) with a turnover below the VAT registration threshold (£85,000)

Continue reading

Meet the Manufacturer: AURES Group

Aures HQ

History of Aures

At RMS, we understand the many factors that go into the purchasing decisions of retailers: affordability, reliability, user-friendliness, attractiveness and environmental footprint. As a result of this, we carefully curate a product range of exceptional hardware and software suited for all retail environments.

In this series we’ll be focusing on some of the manufacturers of the hardware we sell, starting with the AURES Group – a company approaching 30 years of success.

Aures Technologies offer cutting-edge EPOS hardware – attractive, reliable and well-engineered – ready for any retail or hospitality environment. From elegant terminals like the Aures Sango, Yuno and Nino to high-quality peripherals such as Aures cash drawers, customer displays, receipt printers, touchscreens and kiosks.

Continue reading