Free MTD Software

What is the point of free software if 99.9% of businesses can not use it

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Anyone else read this from the CCH website?

There is as yet no decision on which software providers will provide a free software tool, although HMRC is pressing for a minimum of three companies to step in to offer these so-called ‘freemium products.

‘We have not formally decided if we are going to offer a freemium product,’ said Dady. ‘We are not sure how many people will be in the cohort that requires free model – maybe for sole traders or two or three person setups, producing one or two invoices a year.

www.cchdaily.co.uk/lords-probe-software-companies-lack-readiness-making-...

You having a giraffe or what

Replies (7)

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Locutus of Borg
By Locutus
08th Feb 2017 13:51

More fundamentally, what is the point of MTD?

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Replying to Locutus:
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By puzzel
08th Feb 2017 14:13

More Time Demanding!
But you only used to do my accounts once a year?

More Tax Dodgers!
But I don't earn that now?

My Tenant has Disappeared, so why do I have to comply with it.?
Well you do have taxable income & some income from rental properties!

No doubt others could add their version of MTD.

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By DMGbus
08th Feb 2017 14:44

The point of the free software headline statement is that it is all part of the public pretence that MTD will be easy to adapt to and cost little or nothing for small businesses.

Basically, in most simple terms, an untruth for most small businesses.

I suppose I should say that MTD stands for..
MAKING TRUTH DISAPPEAR.

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RLI
By lionofludesch
08th Feb 2017 16:47

I've always been sceptical about the free apps. I've never doubted that they'll be worthless.

Anyway - the encouraging news for pico-businesses seems to be that both Houses of Parliament seem to think MTD is a [***] idea.

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By SimonP
15th Feb 2017 05:17

"Free MTD Software" = "Fated Wet Reforms" (you read it here first);
or since it will be digital and no paper
"Free MTD Software" = "Few Forms Treated" (that's the idea anyway).

Oh! And "Donald Trump" = "Damp Old Runt".
Sorry, couldn't resist it.

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By SimonP
19th Jun 2019 21:51

Avalara have FREE MTD software too.

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ALISK
By atleastisoundknowledgable...
20th Jun 2019 08:13

“HMRC is pressing for a minimum of three companies to step in to offer these so-called ‘freemium products.”

Did I understand that correctly that HMRC are try to insist someone else does something for free to make the government look better?

... sure I’ve heard that before ... MTD advertising... implementation... admin ...

At least they’re not saying that accountants should have to deal with this edict.

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