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More information on Making Tax Digital now available

Jul 13, 2018

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By Kate Brown

More information on MTD now available - Knowles Warwick

Making Tax Digital (MTD) for businesses is the latest reworking of the tax system, whereby businesses must be using a compliant accounting software for their VAT. With the start of the mandatory MTD service from April 2019 for businesses with a taxable turnover of £85,000, HMRC has released more information to offer support.

The latest information provided by HMRC includes:

Combined, the new information can support businesses with the transition to MTD.

If you’d like to discuss MTD and how it will impact your business, get in touch today. Call us on 0114 274 7576, or email us at bestadvice@knowleswarwick.com.

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