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first_img Who needs to follow the MTD rules and from when. The digital records businesses must keep, and a series of HMRC directions that relax these requirements in certain circumstances (such as where a mixed rate supply is made, where a third party agent makes or receives supplies on behalf of a business, and where a business uses a special VAT scheme such as a retail scheme or the Flat Rate Scheme). How businesses must use software to keep digital records and file their returns from those digital records, including information on when programs do and do not need to be digitally linked in situations where a combination of software programs is used. Given VAT registered businesses and their tax agents already use a wide variety of different systems and programs to produce their VAT returns, the notice includes a number of illustrated examples to show customers how to ensure their specific set up will be compliant with the regulations from April 2019. Together, these provide additional clarity that businesses and their representatives have been asking for.As part of MTD, businesses registered for VAT with a taxable turnover above the VAT registration threshold of £85,000 will need to keep VAT records digitally and file their VAT returns using MTD compatible software. This will start from their first VAT period starting on or after 1 April 2019.Businesses with a taxable turnover below the VAT threshold will not have to operate MTD, but can still choose to do so voluntarily.VAT Notice 700/22: Making Tax Digital for VAT provides information to customers and adds to amendments to the VAT Regulations made earlier this year. The notice also gives guidance on the digital record keeping and return requirements of MTD for VAT including: A new HMRC VAT Notice. A page on GOV.UK providing a list of software developers HMRC is currently working with during the MTD VAT pilot that have already demonstrated a prototype of their product ready to start testing with businesses and/or agents. HM Revenue and Customs (HMRC) has today published further information on Making Tax Digital (MTD) to support businesses and agents in the run up to the start of the mandatory MTD VAT service from April 2019.This includes: A communications pack to provide stakeholders with information to support businesses and agents to prepare for MTD. HMRC has been working closely with software providers to help them to bring a wide range of MTD products to market, and has published a list on GOV.UK of those that are already at the stage of having demonstrated a prototype product ready to start testing with businesses and/or agents.HMRC has also produced a communication pack to support our partnership working arrangements with stakeholders who can use the contents to inform their own communications activity and key messages for their clients, customers or members. The pack is intended to provide source material and information which can be used to support any letters, articles, presentations, social media activity, or web content planned by stakeholders.Businesses above the VAT threshold are not required to use MTD for their VAT returns until April 2019 but HMRC has already started piloting the changes with small numbers of invited businesses and agents. This will be widened out to allow more to join later this year. In the meantime, businesses can start to prepare now by ensuring they are keeping their records digitally and in accordance with the rules set out in the notice.last_img read more

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first_imgAs an IT professional, I get frustrated when my applications don’t work properly. I can’t imagine how you may feel as an IT service administrator, when faced with more complex IT challenges. You contend with multiple disconnected tools and processes daily. Moreover, organizational silos make it difficult for you to detect, diagnose and resolve issues quickly. You also suffer from manual processes, which increase the risk of human error. All of this leads to stressful fire-fighting.Did you know nearly 70% of your time is spent maintaining existing IT environments?[1] Furthermore, 75% of downtime is caused by manual and disconnected IT processes.[2] With all the technology in the world today, you must be thinking there has to be a better way.Luckily, the Dell EMC OpenManage Integration with ServiceNow enables you to streamline IT service administration and reduce risk in your data center, all within the familiar ServiceNow instance. The integration allows you to easily monitor and manage your PowerEdge server infrastructure within the ServiceNow console.Streamline IT service administrationThe OpenManage Integration with ServiceNow reduces time-consuming, manual processes through automation, enabling you to connect disparate IT processes and data from multiple consoles into one. The integration also promotes IT service administration transparency and accountability to streamline your IT administration efforts.Additionally, the integration allows you to manage your events and incidents automatically with auto-incident creation. Any incident that appears in OpenManage Enterprise will automatically populate on your ServiceNow instance. No longer spend countless hours manually entering information into a separate console. Simply use one console. The seamless integration also enables you to customize workflows, assign events for remediation, and manage events. This can be done all within your ServiceNow console. Compare this integration to how apps sync together in a smartphone. Many of the apps you use today sync in your smartphone allowing you to access what you need in one instance instead of going to each individual app.Also, the OpenManage integration with ServiceNow includes integration with SupportAssist Enterprise, saving steps in your administrative process. This integration enables you to automatically import open cases from SupportAssist Enterprise as incidents into ServiceNow and helps you monitor all your open service requests. You no longer need to create a separate incident into your ServiceNow instance to track a Dell support request raised against your PowerEdge server. For example, if one of your fans fails in your PowerEdge server, SupportAssist Enterprise will create a Dell Support ticket based on the alert that it receives from OpenManage Enterprise and will also create a dispatch for a replacement fan the next business day. With OpenManage Integration for ServiceNow, you will be able to monitor your support ticket progress right from your ServiceNow instance. Time is money, and your servers need to be running 24/7.Reduce risk in your data center You may often be notified about problems in the data center too late. This leaves you scrambling to take care of problems quickly before they spiral out of control. Luckily, you will not have to endure this with the OpenManage Integration with ServiceNow because it enables you to detect potential issues on your PowerEdge servers earlier. This minimizes the risk in your data center. If an issue is detected, you can quickly diagnose the problem and resolve the issue. Furthermore, the integration will significantly decrease the risk of human error simply by eliminating manual entry. Human error happens a lot more than you may realize. Think about how much spell check corrects our documents or emails, for example. It has saved me from some critical typos in the past. Just one mistake can cause significant damage.With the OpenManage Integration with ServiceNow, you can keep a current view of the health of your servers in your data center. You can monitor your entire PowerEdge server infrastructure within the ServiceNow console. This significantly reduces risk because you are constantly monitoring the health of your servers in near real-time. Situations can quickly get out of hand if they aren’t monitored. A handy feature is that you can set up thresholds to categorize critical events from those that aren’t critical. Critical events requiring immediate attention can automatically be created as incidents. Once a critical event is triggered, you will be notified right away, quickening your response and resolution time.The OpenManage Integration with ServiceNow reduces your risk much like preventative health screenings reduce the risk of getting ill. It is generally recommended to visit your doctor on a regular basis for health screenings as a preventative measure. If you only visit the doctor when you feel ill, you risk missing important signs of an illness. The OpenManage Integration with ServiceNow alerts you to failures quickly, allowing more time for resolution.End your frustration with IT service administrationStreamline IT service administration and reduce risk in your data center with Dell EMC OpenManage Integration with ServiceNow. The integration reduces frustration because it helps you overcome organizational silos, disconnected tools and manual processes. In the same vein of stress reduction, read how you can work smarter and increase  productivity with the latest version of Dell EMC OpenManage Enterprise.To learn more about PowerEdge servers and OpenManage tools, visit dellemc.com/servers, or join the conversation on Twitter @DellEMCservers.[1] Source: The causes & costs of data center system downtime – Advisory Board Q&A[2] Source: Forrester Research, Inc., Forrsights Budgets & Priorities Tracker Surveylast_img read more

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first_img Related Stories Quarterback recruit Zach Allen works to keep recruiting class together, praises new head coach Shafer Allen said while this week has been stressful and hectic for himself and his family, he is thankful for the opportunity Syracuse offered him. Allen also wished head coach Scott Shafer well as he and the Orange move to the Atlantic Coast Conference next season.“I have been loyal to my commitment to Syracuse this whole time,” he said. “Ever since I committed, I’ve done everything for the program I can.”“At the end of the day, I have to make the decision that’s best for me.” Comments Published on January 12, 2013 at 4:29 pm Contact Phil: [email protected] | @PhilDAbb Zach Allen, a quarterback recruit from Temple, Texas, who many considered the star of Syracuse’s recruiting class, has decommitted from Syracuse and committed to Texas Christian.The uncertainty surrounding Syracuse’s vacant offensive coordinator position after former head coach Doug Marrone and offensive coordinator Nathaniel Hackett took the same jobs with the Buffalo Bills changed Allen’s thought process, he said. He cited Marrone and Hackett as the reasons he originally chose Syracuse.“Syracuse changed the deal on me when Coach Marrone and Coach Hackett left to go to the NFL. That really put a damper on things,” Allen said. “It really made me second-guess everything. Not knowing the offensive coordinator is going to be a downfall for me.”Allen committed to Syracuse in May and was considered one of the Orange’s top recruits in the Class of 2013, making ESPN’s Elite 11 Finals, one of 25 high school quarterbacks invited to the competition. After Marrone and Hackett left Syracuse, Allen had been reselling the program to other SU commitments, he told The Daily Orange two days ago.Allen said he visited TCU yesterday to confirm his decision and is excited to join the Horned Frogs.AdvertisementThis is placeholder textI committed to TCU. I had been loyal the whole time and have done everything I could for Cuse. They changed the deal with coaches leaving.— Zach Allen (@ZachAllen_12) January 12, 2013 Facebook Twitter Google+last_img read more