As of 1 April 2019, all tax files and returns must be kept and submitted digitally, so how seamless is your MTD process and how can PS Financials help you as a HMRC approved solution.
As the implementation of HMRC’s Making Tax Digital initiative looms, whereby all VAT-registered companies with a taxable turnover above the VAT threshold are required to submit their VAT return digitally from 1 April 2019, you may be asking, does our system comply? PS Financials is here and ready to support you, developing a compatible VAT product for organisations to make simple tax submissions in time each year.
When HMRC announced the new Making Tax Digital (MTD) laws, many were unsure what exactly this meant for them. As experts in the financial sector, we’re here to break this down for you and hopefully clarify any apprehensions you may have about it.