Making Tax Digital
Making Tax Digital (MTD) refers to revolutionary changes outlined by HMRC that will affect the way you keep digital records.
Expected to start rolling out in 2018, companies, landlords, the self-employed and some individuals will be expected to digitally submit their accounts on a quarterly basis, as well as an end of year update.
As new regulations are formed, we are committed to staying up to date on the new developments to ensure that your transition to digital submissions is painless for you and your business.
Using Cloud Accounting software will give you an advantage when these new regulations come into effect, and we can provide help and training to implement this into your day-to-day financial accounting. As soon as we have further information on Making Tax Digital, we will keep you updated regarding when it will take effect for your circumstances, and supply you with an easy to understand plan.