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October 5. 2016

Making Tax Digital - Are you ready?

After the March 2015 Budget, the press were quick to state that the end of the tax return had been announced. We were sceptical about this and have been waiting for further announcements to be made by HMRC to clarify the position.

HMRC has now confirmed that from 2018, most businesses, will have to submit their business records quarterly rather than annually. Further announcements will be made over the next few months by HMRC on exactly how this will work.

Be assured that FBTC are monitoring these announcements to ensure that our clients are fully prepared.

We will publish updates through emails, our website and our social media pages.

Please do not hesitate to contact us if you have any questions - 0344 984 4445.

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