Making Tax Digital Kelso : Rennie Welch

Making Tax Digital

Making Tax Digital (MTD) is one of the most significant changes to the tax system since the introduction of Self-Assessment more than 20 years ago. VAT registered businesses with a taxable turnover above £85,000 are the first to be affected with effect from April 2019 when the filing of VAT Returns digitally, either directly from compatible accounting software or via bridging software, will become mandatory. MTD for Income Tax and Corporation Tax is expected to follow, but not before 2021.

For answers to some of the most common questions that we have been asked, please click here.

We will be working closely with clients and contacts to ensure they are fully prepared for the arrival of MTD. If you would like to discuss MTD and the implications for your business please contact us.

Please visit our Software Services page which includes details of some of the many software packages we support, to help you stay ahead and deal with the requirements of Making Tax Digital.

Links to other MTD resources

Every (free!) cloud has a silver lining...

We are offering the opportunity for business owners to benefit from free access to the expertise of our cloud accounting software specialists, based in our Berwick office.

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We would be delighted to have the opportunity to discuss, face to face or online, your requirements and see what benefits Rennie Welch can bring to you and your business.

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