Free advice on digital tax submissions

A Scarborough accountancy firm is offering free initial advice to the farming community on government plans to make all tax submissions digital.
Making Tax Digital is to be phased in by tax collectors from April, when VAT-registered businesses with a turnover of more than £85,000 will be required to keep digital records, and submit digital VAT returns.
Mark Asquith of Asquith and Co, said: “This major change will affect all businesses types. But it will impact particularly on farmers because many are without reliable broadband connections and many still keep handwritten records.
“Also, it’s... read more

 
12 January 2019 in Yorkshire & Humber, Views: 33
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