As my client base is predominantly small businesses using spreadsheets to maintain their accounting records I was delighted when HMRC announced that spreadsheets would be accepted for MTD purposes, but I am becoming increasingly concerned by the general silence on the spreadsheet option for MTD since the announcement was made in January.
Like every other accountant I am being bombarded on a daily basis with invitations to MTD webinars, seminars, meetings and conferences hosted by every software provider under the sun who, of course, make little or no mention of the spreadsheet option in their presentations.
I am aware that in using spreadsheets there will need to be some sort of software interface to enable the MTD submissions, but as yet I haven't heard any discussions on where, when, how or who to go to for more information about this.
Am I the only accountant who would like to pursue the spreadsheet option as a low cost, familiar, and easy to use, option for their clients ? and can anyone point me in the right direction for more information on this topic.