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Making Tax Digital: preparing accountants for MTD

Next year sees the rollout of the extension to Making Tax Digital for self-employed people, which means accountants need to start preparing their clients, explains Lee Murphy, managing director at…
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STEP warn all small businesses drawn into MTD in April 2023

The Society of Trust Practitioners (STEP) has claimed that HMRC’s proposals to reform accounting basis periods will push all small businesses and landlords into the Making Tax Digital (MTD) income…
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Why is making tax digital good for your business?

Making Tax Digital (MTD) is being introduced to allow the UK tax system to be as efficient, effective, and as easy to follow as possible. Businesses with a VAT turnover…
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MTD is coming to corporation tax

Making Tax Digital (MTD) has been with us for VAT purposes for over a year and a half and is due to be extended to income tax self-assessment from April…
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