June 28

Is your small business ready for the new HMRC Making Tax Digital requirements?

Is your small business ready for the new HMRC Making Tax Digital requirements?

Under new HMRC regulations, almost all UK VAT registered businesses need to comply with new, digital record-keeping requirements as part of the “Making Tax Digital” (MTD) programme. The “Making tax digital” programme is designed to streamline reporting processes for businesses. The end plan is to replace the traditional paper trail with a digital one, directly.