Making Tax Digital – we’re on the case!

Making Tax Digital continues to feature heavily in the press and as the most fundamental change to the administration of the UK tax system for a generation we wanted to reassure you that we are monitoring the development very closely and taking the appropriate action.

The article ‘Making Tax Digital – where are we now?’ included in this newsletter, is a follow up to the special briefing provided in our Winter 2016 newsletter.  However, much of the detail is yet to be set and with the numerous changes and delays in deadlines, the whole project is a bit of a moving target.

Nevertheless, we have a team of people preparing for the changes internally and are frequently liaising with external suppliers including software developers.  We will continue to keep you informed of developments and look to host events to explain the changes when the details are finalised.

Regardless of the outcome of Making Tax Digital, we remain committed to helping you minimise your tax liability and ensuring you meet your tax and other financial and accounting obligations.  If you have any concerns or would like to discuss any of this further please do contact us.