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Making Tax Digital (MTD) Implementation Timeline

As explained in our other blog What is Making Tax Digital?, MTD is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for HMRC to administer. HMRC’s aim is to use technology to speed up the collection information about the tax affairs of businesses and individuals. For some […]

What Software Should I Use for MTDfb?

As explained in our other blog What is Making Tax Digital for Business? HMRC’s aim is to use technology to speed up the collection information about the tax affairs of businesses. Rather than asking businesses to file returns annually, HMRC will ask them to submit tax information quarterly or even monthly (in the case of […]

What is Making Tax Digital for Business?

As explained in our other blog What is Making Tax Digital? this initiative from HMRC is designed to make sure the UK tax system is effective, efficient and easier for HMRC to administer. If you have not read it, that blog will provide some useful background before reading this blog on Making Tax Digital for […]

What is Making Tax Digital?

Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for HMRC to administer. While controversial and in some cases much criticised (due to poor implementation and perceived additional red tape – especially for businesses) it is in fact an initiative that will bring […]