What is Making Tax Digital (MTD)?
Making Tax Digital (MTD) is an HMRC initiative that will revolutionise the UK tax system and ultimately bring an end to self-assessment.
The primary aim of Making Tax Digital is to make tax administration more effective, efficient, and easier for taxpayers through the implementation of a fully digitalised tax system by 2020, whilst also reducing HMRC’s overheads for managing tax affairs.
The changes apply to a wide range of taxpayers, including most businesses, self-employed professionals, and landlords. This ‘new and improved’ tax system will require the majority of business owners to maintain digital records using compatible software.
UKEA is the Only Self Service National Accountancy Solution with Cloud Software that can do direct submission to HMRC for VAT returns and a 2 way integration to our resourcing dept for bookkeeping with a 100% on line self service product service to fit all types of Companies and Budgets. You can start with one product solution and increase the product at anytime as your Business grows, with no long contracts , just a monthly subscription service. Simply select a service/product and subscribe, UKEA will do the rest.
UKEA are a firm of online accountants who take pride in giving your business the time and effort it deserves. Using an online accountant which is paperless is also environmentally friendly.
Call us today on 020 8131 4522 or request a free demo or on line meeting at