OPEN FINANCE – HOW TO MAKE MAKING TAX DIGITAL TRULY SUCCEED
With Making Tax Digital (MTD) now in full swing, HMRC is one of the most digitally advanced tax administrators in the world. But for many small business owners, MTD is new territory and HMRC is a black hole of information.
Due to COVID-19, HMRC made the swift decision to delay phase two of MTD, meaning businesses who were preparing to put digital links in place in 2020, had an extra year and were only required to have completed this by April this year.
