Making Tax Digital (“MTD”) is a new initiative from HMRC, aimed at making the UK’s tax system one of the most advanced digital tax administrations in the world.
In a nutshell, it compels businesses to maintain digital tax records and submit their information online - giving HMRC access to near real-time data, while giving businesses better visibility of what tax they owe throughout the year.
If you’re unfamiliar with Making Tax Digital, and you want to know what it is and how and when it will affect your business, just give us a few minutes of your time and we’ll explain all in our latest guide, which covers:
Watch our latest webinar with Sian Kelly from Inform as she takes you through a step-by-step guide covering everything you need to do to prepare for Making Tax Digital including:
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