Making Tax Digital for Income Tax

HMRC have released further details for signing up for Making Tax Digital for Income Tax. Whilst currently not mandatory, it’s worth being informed and keeping up to date for when the regulations come into force.

For existing clients we’ll be in touch with our plans for how this will look and to help you through the transition, but for other people interested in learning what this means for you and your business please do get in touch with us!

Link below to HMRC guidance:

https://www.gov.uk/government/collections/making-tax-digital-for-income-tax