Making Tax Digital

Digital reporting and digital tax accounts is a reality and by April 2022 all VAT registered businesses will be online.

Self-employed businesses and landlords with gross annual business or property income above £10,000, will need to follow the rules for MTD for Income Tax from 6 April 2024.

The rules will be extended to partnerships the following year.

Please speak to us if you are not on the cloud yet - the clock is ticking!