Friday, 3 June 2016

Digital Tax Returns

If you thought that George Osbourne's announcement that tax returns will be a thing of the past by 2020, think again.
Starting at the end of June 2018 Quarterly Digital Returns will have to be sent on-line to HMRC.  Which type of companies will be required to do so hasn't been announced yet but it does no harm to be ready whatever size of business you run.
This may mean getting either computer literate yourself or someone who is already in order to input receipts and produce invoices on an accounting package, spreadsheets will not be allowed.

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