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MTD – Businesses urged to register Before August

Date Added | July 30, 2019

Businesses are being urged to register for Making Tax Digital before August.

Businesses with an annual turnover above £85,000 are being urged to switch over to Making Tax Digital (MTD) before the 7th August filing date.

More than 600,000 businesses have signed up in total, with approximately 400,000 submissions successfully made.

Businesses in the agricultural sector have one of the fastest groups to sign up to MTD with 50% registered, whilst the financial sector is the slowest with nearly 75% yet to sign up.

The 2020 Making Tax Digital Action pack as all the resources needed to prepare you for MTD, Identifying specific clients that will need additional assistance in moving to a digital environment.

The MTD pack features expert advice from tax lecturer Martyn Ingles and IT specialist Kevin salter, who’ve complied useful guides outlining technical changes and the marketing material you need to get your clients digital.

Discover more about making tax digital here >