Making Tax Digital

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Making Tax Digital

Making Tax Digital

Two years ago it was proposed that HMRC was to move towards a fully digital based tax system, making tax digital or MTD for short. This affects all businesses and by the end of the tax year 2018/19 these changes may affect you and your business.  By 2020/21 all businesses will be affected. These changes are coming and you will be expected to update HMRC every quarter. Quick Books have produced a guide which can be downloaded here. HMRC have information on their website regarding these changes. If you have any queries as to how you will be affected and

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