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Making Tax Digital – HMRC’s updated guidance

Making Tax Digital (MTD) is part of the Government’s plan to streamline the UK tax system by bringing it into the digital age.  This digital tax revolution will affect almost every UK business, signalling the end of paper accounting.

Here at G W Dick & Co, preparations have been underway for some time, so that we can support our clients through these changes and make the transition a painless experience.

We are looking forward to helping our clients embrace these changes over the coming months.  For more information on how we can help, click here.

HMRC have provided detailed guidance regarding your obligations under MTD which you can find at the link below.

https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat