Albert Fleming, from Deloitte’s Tax team in the UK, explains how HMRC’s Making Tax Digital process will work and what you may want to consider when selecting VAT submission software for your existing spreadsheet based process.
Making Tax Digital is a major initiative by HMRC— UK’s tax authority, to manage VAT record keeping and compliance reporting digitally. MTD will transform how businesses file their UK tax returns, and it starts with VAT.
Find out more about MTD at www.deloitte.co.uk/makingtaxdigital
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