Tips from Tenants
Did you know that every UK individual and Business has their own digital tax account?
This is part of the process towards the April 2019 roll-out of making tax digital. A piece of legislation that will go some way to "HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world, modernising the tax system to make it more effective, more efficient and easier for customers to comply."
The April 2019 date is for VAT obligations only and applies to companies that have turnover over the VAT threshold. Other companies can use the system on a voluntary basis.
If you want to know more about Making Tax Digital (MTD) you can visit the .Gov website by clicking here.
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