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Making Tax Digital?

Workshopshed
Workshopshed 18 days ago

Any UK members have recommendations for compliance for HMRC MTD? 

Open Source options preferable to avoid vendor lockin or proprietary file formats.

makingtaxdigital.campaign.gov.uk/

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  • michaelkellett
    michaelkellett 18 days ago +1
    Can't help you with a tested suggestion so I'm mainly offering empathy ! I work as a limited company so I've had to do MTD VAT returns for years but thanks to the good old House of Lords the HMRC were…
  • michaelkellett
    michaelkellett 18 days ago

    Can't help you with a tested suggestion so I'm mainly offering empathy !

    I work as a limited company so I've had to do MTD VAT returns for years but thanks to the good old House of Lords the HMRC were obliged to accept bridging software to Excel or similar and that's how I do it.

    (Using CHM Software Ltd at £8.50 per return (no lock in, no contract)).

    There is no timing yet for the next stage to hit me so I'm hoping the Apocalypse comes first  Slight smile

    MK

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  • Workshopshed
    Workshopshed 18 days ago in reply to michaelkellett

    It shouldn't impact me for a few years but I did get mailed about it.

    Bridging software does seem a more transparent option than a full on tax suite.

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