Posts from July 2017

Towards the end of last week, HMRC announced significant changes to the roll-out of its Making Tax Digital scheme (MTD). Businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes until at least 2020. Only businesses with a turnover above the VAT threshold will have to keep digital records and only for VAT purposes. They will only need to do so from 2019. 
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