What does Digital Tax mean for businesses?

Making Tax Digital is a government initiative designed to make it easier for individuals to get tax right. Under the scheme, from the 1st April 2019, any VAT registered businesses will need to submit their tax records to HMRC digitally using Making Tax Digital software, rather than using the HMRC’s Government Gateway. But what will it mean for businesses? VAT registered businesses If your business is VAT registered, from April 2019, you’ll need to move to digital record keeping. If you don’t already use Making Tax Digital compliant software to…

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