Making tax digital - cloud accounting

Making tax digital - London Accountants - ABG

The government has dropped several controversial tax measures from its Finance Bill following the decision to call a snap general election on 8 June 2017.

Measures shelved from the bill include plans on Making Tax Digital which were set to ensure that by the end of 2018 all businesses would be updating HMRC quarterly for their Income Tax and National Insurance obligations digitally. 

We will keep you updated as the subject of Making Tax Digital is debated further after the General Election.  

Please contact us on 020 7330 0000 if you wish to discuss how Making Tax Digital may impact upon your business in the future.