MTD returns

Helping you with MTD returns in Plymouth

Making Tax Digital (MTD) is a UK government initiative that focuses on 'the end of the tax return' and on bringing about a change to the existing tax system by 2020. MTD will be effective from 1st April 2019. Contact Tamar Accounting for more details.

Making Tax Digital

As per the new MTD tax legislation, all VAT-registered company owners in the UK will have to submit their accounts on a quarterly basis through the HMRC online portal from April 1, 2020. We can handle all the MTD requirements and work with you closely to ensure that you're able to meet your obligations as far as record keeping and accounts submission to HMRC are concerned. 

So, if you are a business owner or a sole-trader, we can help you understand how MTD will affect you and provide all the services and support you need to stay compliant with the relevant regulations. Contact us for further details.

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How will MTD bring about a change in the existing tax system?

Preparation starts now. With your accounts moving online, you may have to make a few changes that will keep your business running smoothly. MTD will help make the existing tax system:
  • More transparent: All transactions with HMRC will be online, making the system more transparent for the taxpayers
  • More accurate: Tax summaries will have to be submitted quarterly, giving HMRC an accurate view of accounts
  • More digital: Businesses registered for VAT will need to use MTD to submit their tax returns from April 2019
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"We have been with Tamar Accounting for a good few years. David, James and Linda are always at hand to give advice. Very friendly and highly professional team who we have recommended to friends who now receive the same high standard of service we do ."
- R D Installations & Home Improvements Ltd via yell.com
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To find out more about MTD tax returns, call us now.

T: 01752 665772
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