The start date for the implementation of MTD has been pushed back following the Prime Minister's decision to call a snap General Election, but switching to digital tax accounts is still going ahead.
Delighted to attend Accountex 2018 in London in May, the UK's largest Accountancy and Finance conference.
Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for taxpayers to get their tax right.
If your business is VAT-registered and you have an annual turnover in excess of £85,000, are you registered for Making Tax Digital?
Cashflow problems closed down an estimated 350,000 businesses in the UK in 2016-17, according to recent statistics from the Office for National Statistics, with half of UK’s small and medium-sized businesses (SMEs) being paid late.