31.01.2020

Making Tax Digital Increases Costs for Businesses

Making Tax Digital Increases Costs for Businesses

twitter icon

According to a joint user survey by CIOT and ATT, making tax digital is not reducing errors and is proving to be much more expensive to implement than HMRC originally claimed.

It has had very little impact on errors made by clients and the majority of remaining responses reported an increase in errors rather than a reduction.

Click on full article below:
https://www.accountancydaily.co/making-tax-digital-increases-costs-businesses

  • Tax Digital

A Personal & Tailored Accountancy Service

Ethos Accountancy is a firm of experienced accountants based in the heart of Canterbury, Kent. Our…

Follow us for more articles and posts direct from professionals on      
Self Assessment Tax Returns

HMRC opens 300,762 self assessment investigations

Self employed individuals are being advised to complete their self assessment tax returns by the 31st January and to…
Accountancy

BBC1's Fake Britain - is your accountant qualified and...

The Chief Executive of the Association of Chartered Certified Accountants - Helen Brand appeared on BBC1's Fake Britain…
Brexit, General election

ACCA: four areas for election focus

With the recently announced General Election taking place in the coming weeks prior to Christmas, there will be many…

More Articles

Financial Forecasting

OBR to release forecasts despite cancelled Budget

The Office for Budget Responsibility (OBR) normally releases its economic predictions alongside the budget. It is now…
Brexit

HMRC warns about double NICs if no-deal Brexit

With the possibility of a no-deal brexit shortly becoming a reality, HMRC has warned that the current agreements to…
ACCA, Budget, Spending advice

ACCA's spending advice for the chancellor

The ACCA (Association of Chartered Certified Accountants) has issued a stark warning to Sajid Javid in regard to the…

Would you like to promote an article ?

Post articles and opinions on London Professionals to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.