Accountants can now finally come up for air after self assessment, domestic reverse charge, Brexit and plenty more compliance challenges that started 2021. Next for accountants to tackle is Making Tax Digital (MTD).
It was said before that it’s never too late to be early. But in terms of MTD, now is the right time to be early. In this guide Rebecca Benneyworth MBE BSc FCA provides a brief overview of the basics and where we are now with MTD for income tax including a handy timeline.
Rebecca lifts the lid on her own experiences of how she's managed to get her clients on board with MTD; from ensuring they’re on the right software to finding the right level of advice needed for each client and connecting their bank.