Making Tax Digital
Making Tax Digital (MTD) is a government initiative which will affect how business, individuals and other organisations file their tax returns. Records need to be kept in digital format and filed through online software.
The change will happen in stages. April 2019 was the deadline for VAT,and it is expected that it will be brought in for income tax and corporation tax in 2021 at the earliest, although this is yet to be mandated.
Please do contact us to find out if MTD applies to you and for further information on MTD, including:
- Choosing the right software
- Software training
- Setting up an online account
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