Are you aware of the new UK initiative on modernising the tax system? If not, read on to find out about the Making Tax Digital requirements, and how you can meet them.
Read on to know the requirements and process for the migration.
You need to get a compatible software to maintain your records for MTD and to convert the files into the proper format before you send them.
Here are some of the HMRC-approved software providers for MTD.
For the complete list, you may visit the HMRC page.
With our wide experience in using top-of-the-line accounting software, meeting the requirements for making tax digital can be easier for your end.
With D&V Philippines at your back office, you are guaranteed with high-end support for your F&A functions, even as regulatory updates roll out. You can download our whitepaper Premium Solutions for UK Accounting Firms to know how we can add value to your current accounting services, or schedule a free consultation with our experts.