HMRC has finally released more information about its plans for Making Tax Digital – the commitment to transform the UK tax system and ‘ending the annual tax return’ by 2020.

On 15th August 2016, 6 consultation documents were released, explaining HMRC’s plans for implementing Making Tax Digital over the coming years.

Our software partner, FreeAgent, has created a handy guide so you can find out more about what Making Tax Digital means for you. The guide explains:

  • What Making Tax Digital is?
  • HMRC’s objectives for the initiative
  • How it will affect the way you report information to HMRC in the future
  • The key milestones you should be aware of.
Find out what you need to know and get your Guide to Making Tax Digital.