Hi all, sadly I am too young to retire so I am trying to contact my client base effected by the new MTD for ITSA rules. From a business point of view the fees I receive from self employed and rental tax returns is relatively low circa £7k per year as I am a sole practitioner. However, I have built lovely relationships with most of these clients and I would feel terrible sacking them. I am interested to know if anyone is considering dropping clients effected or dramatically increasing fees to file the returns for them. I am thinking fees will need to be at least quadruple to allow for the additional submissions and queries.
I would love to hear your thoughts!