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Making Tax Digital

SMEs not ready for MTD, accountants say

Businesses also unaware of other Government schemes.

Majority of SMEs not ready for MTD

SMEs outside of London are not as prepared.

MTD for VAT next phase rolled out

VAT-registered businesses must comply regardless of income.

Making Tax Digital for VAT extends to smaller businesses

All VAT-registered businesses will need to file returns online.

MTD for VAT brings in extra £195m

Scheme cuts costs caused by mistakes, HMRC says.

4 in 5 VAT registered businesses unaware of MTD for VAT

Just 29% know how to become MTD compliant.

MTD will cost SMEs £25bn, says FSB

SME organisation calls for MTD reforms.

HMRC postpones MTD for ITSA to 2024

Basis period reform also delayed to at least 2024.

Widening tax gap casts doubt over MTD

HMRC misses out on £35bn in uncollected taxes.

MTD for ITSA may come a year earlier

CIOT calls for MTD for ITSA to be delayed.