What is ‘Making Tax Digital’?
Making Tax Digital is a new UK Government initiative that sets out a vision to be the “end of the tax return as we know it”. It aims to implement a ‘transformed tax system’ by 2020. HMRC aims to make tax administration much more effective, efficient and simpler for the taxpayer. The changes apply to a wide range of taxpayers including most businesses, micro-businesses, self-employed people and landlords, as well as individual taxpayers.
So, whether it’s optimising cloud software or getting your head into the cloud, we can help you get the most out of this new digital system. Trust us, it genuinely isn’t as scary as it sounds and it will make life easier, allowing business owners to get on with what they do best. Let us know if you would like to arrange a time to discuss your options.