Do you keep spreadsheets for your accounting records? Not only could this be costing you time, and money, it may not be compliant with Making Tax Digital. Find out more in our guide.
For periods starting on or after 1 April 2021 businesses trading at or above the VAT registration threshold will now also be required to have ‘digital links’ in all their record keeping.
MTD and Digital Links
An overview of the Digital Links aspect of Making Tax Digital, and the benefits of moving to a cloud accounting system.
Making Tax Digital for Self-Assessment
Here’s our overview of the upcoming changes to self-assessment, namely Making Tax Digital which will apply from 6 April 2023.