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Making Tax Digital is a Government drive aimed at making it easier for individuals and businesses to get their tax right and keep on top of their affairs.

HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world – a bold step. To manage tax in the digital domain, HMRC needs businesses to submit financial information in a digital format.

VAT-registered businesses with a taxable turnover above the VAT threshold are required to use the Making Tax Digital service to keep records digitally and use software to submit their VAT returns from 1 April 2019.

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Google’s £44 million fine for breaching the General Data Protection Regulation (GDPR) should serve as a warning to businesses of all sizes that they have a mandatory responsibility to uphold the regulation, according to a Scottish technology business leader.

Austen Clark, managing director of Clark Integrated Technologies said that the massive fine imposed on Google by the French data regulator CNIL, is a sign that data privacy obligations should be taken extremely seriously.

Mr Clark said: “This is the start of the GDPR having teeth. We are now in the next phase of the process: enforcement by the authorities that have been mandated to uphold the regulation.

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Hacker

If you are a Scottish-based Small Medium Enterprise or third sector organisation the chance of getting your hands on a £1000 voucher towards showing your business is cyber-savvy is the hottest deal around.

To help tackle cyber threats, businesses and organisations are being given a helping hand to towards achieving the National Cyber Security Centre endorsed Cyber Essentials or Cyber Essentials Plus certificates.

CIT 2018 Cyberattacks

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The landscape for cyber-crime is changing. It used to be about causing disruption or gaining notoriety or fame for an attack but now it’s more financially motivated – and that’s not good for business.

So never lose sight of digital dangers - the Federation of Small Businesses* reports that the average cybercrime incident costs a small business nearly £3,000 and takes more than two days to recover from.

Every Small and Medium Enterprise (SME) needs strong cyber security defences but don’t be scared off, practical steps can strengthen your protection.

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Plain talking around the cloud

Instead of wondering ‘can my business afford to move to the cloud’, ask yourself this – will your business be at a disadvantage if it doesn’t grasp the benefits that come from using cloud services?

It’s a seismic shift from the way businesses traditionally viewed IT resources but cloud computing services offer transformational opportunities to organisations.

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