Making Tax Digital
Changes To The Way You Report Taxes.
As part of the Budget in 2015, the Chancellor of the Exchequer announced that the annual self-assessment tax return would be abolished and taxpayers would instead be expected to report their taxes digitally as part of the move to Making Tax Digital (MTD).
Nearly two years on from this announcement, HM Revenue & Customs (HMRC) published its response to the now closed consultations on 31 January 2017. Whilst much of the detail of MTD is still under discussion, it is clear that HMRC are moving forward with plans to replace the annual tax return with real time digital updates from taxpayers.
MTD will affect every self-employed individual, landlord and partnership find out the latest by contacting My Controller.
Our Pathway to Profit
8 Steps You Should Never Stop Walking.
Having already established glittering careers within the finance world, our founders set out on a challenge when they set-up the firm 20 years ago; to find a proven way for SMEs to succeed based on their individual goals. We've got the solution and it's working:
