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Category Archives: Technology

Making Tax Digital – Major Changes

Making Tax Digital – Major Changes

HMRC, Tax, Tax benefits, TechnologyBy Cain & Co17th July 2017

There have been major changes to ‘Making Tax Digital’ that were announced by HMRC on 13th July 2017. The scheme was due to go live from April next year however, this has been put back because of feedback that HMRC received. The accounting profession, Parliamentary bodies, businesses and several accounting software providers felt that there…

Making Tax Digital for Businesses – Will You Be Affected

Making Tax Digital for Businesses – Will You Be Affected?

Tax, TechnologyBy Cain & Co3rd April 2017

The truth is, all businesses, self-employed individuals and landlords will be required by law to start using the digital tax service and it is going to be phased in from 2018. HMRC wants to help businesses to get their tax right and have more clarity of what your tax liability will be. So, from April…

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