How will Making Tax Digital transform the tax profession

Making Tax Digital (MTD) will affect businesses from 2018 and the changes will inevitably have an impact on tax professionals who assist their clients to keep appropriate financial records for their tax returns to HMRC. While businesses of all sizes, plus the self-employed, are beginning to have an idea of…

MTD pilot goes live on Monday 3rd. April

HMRC’s public beta testing programme for Making Tax Digital (MTD) went live at the beginning of April, meaning that MTD is now a working reality. There are two pilot projects in place: one looks at keeping business records digitally while the other looks at the online services that tax agents…

MTD- Changes for PAYE codes

Making Tax Digital for individuals is only eight weeks away, and industry experts are joining forces to make people aware of the pros and cons of signing up to a Personal Tax Account (PTA). On one hand there are concerns that the introduction of MTD for individuals may herald chaos…