Last week's Budget saw Chancellor Philip Hammond announce a one year deferral of Making Tax Digital (MTD) obligations for smaller unincorporated businesses and landlords until April 2019.
While the move was broadly welcomed by businesses, accountants and representative bodies, what do the government's concessions actually mean, and how much of a relief are they actually going to be?
Joining the AccountingWEB podcast to get to grips with the announcements are Paul Aplin, tax partner at AC Mole and Son, AccountingWEB global editor John Stokdyk and Mark Purdue, Product Manager - Tax Products at Thomson Reuters.
We are also joined by Matt Flanagan, managing director at cloud transformation firm BlueHub, who will be outling what firms are (and should be) doing to prepare for MTD.
The AccountingWEB Making Tax Digital podcast is recorded on a monthly basis. If you have any burning questions you can ask them in the comments box below and our crack panel will do their best to answer them next time around.
You can listen to the podcast by clicking play on the window above, visiting our Soundcloud page or subscribing to this podcast via iTunes, aCast, Soundcloud or your podcasting app of choice.