Making Tax Digital – Next Steps

Introduced in 2019, the Government continues to implement its Making Tax Digital initiative.

This landmark change in the recording and reporting of tax has gradually seen the major components of taxation taken online, using the latest HM Revenue & Customs-compliant software, apps and programs.

Taxpayers must keep up to date with any changes or additions to the MTD initiative, as they could face fines or penalties if they do not comply in the future.

Below are the key dates for Making Tax Digital to help you track your journey and ensure you are compliant with the changes ahead.

 

Our team has prepared a helpful guide, which is packed with information on the various stages of Making Tax Digital and what you may need to report.

Act now

As the Making Tax Digital initiative continues to progress through its various stages, we are on hand to assist you with any queries or questions that you may have.

To arrange a Making Tax Digital consultation with our team, please contact us.

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