Back in the March 2015 Budget, the Chancellor announced that traditional tax returns are soon to be replaced with digital tax accounts, taking returns online for all UK businesses.
This move to digital returns is part of the growing move towards a more connected, more online way of doing business – and it’s going to have a big impact for UK companies. HM Revenue & Customs (HMRC) expects that all individuals and businesses will have a digital account by 2020.
So, how will this change be implemented? And what does it mean for you and your business?
If you have concerns about the move to digital tax returns, we’d be happy to talk you through the changes. You can find out more about our tax services here.