MTD UK Archives - Wilkins Southworth

Making Tax Digital is already an international phenomenon

Post author:Chris-Wilkins
Post published:June 13, 2022
Post category:Accounting Tax
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The UK government is pushing "Make Tax Digital" to simplify VAT returns for businesses and capture "missing" VAT funds. A report by the EU in 2018 suggested there was a VAT gap in the UK of €23.4 billion.

The Making Tax Digital revolution has begun

Post author:Chris-Wilkins
Post published:December 9, 2021
Post category:Accounting Property Tax
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While Rishi Sunak, the Chancellor of the Exchequer, recently announced a one-year delay in the introduction of Making Tax Digital (MTD), the revolution has already begun.