Recent reports claim that small businesses have benefited from making tax digital (MTD) through increased productivity and growth, generating over £815 million over six months.
Whilst certain small business remain reluctant to switch to digital, 10% of business owners risk breaching the law by keeping VAT transactions in paper journals according to the Intuit QuickBooks report.
Small business understand the important of making tax digital but don't know where to start and how to get the wheels in motion.
Click on the full article below to read more:
https://www.accountancyage.com/2019/10/31/first-six-months-of-mtd-compliance-generated-815m-for-smes/
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