Making Tax Digital

April 30, 2018
Office work.

Are you ready for digital tax?

As you may or may not know, next year HMRC will be implementing their Making Tax Digital (MTD) initiative.  It is the UK’s biggest tax shake-up in a generation and from April 2019 it will be mandatory for any VAT Registered business which have a taxable turnover above the VAT registration threshold (currently £85,000) to keep their records digitally and send their VAT returns using MTD compatible software. We can explain what it is and what it will mean to you, give us a call now.