April 1 2020, was meant to be the date that HMRC launched phase II of making Tax Digital across the UK. However, due to COVID-19, they have made the decision to postpone the rollout by one year to April 1 2021.
Making Tax Digital
HMRC Postpones Phase 2 Making Tax Digital until April 2021
Revolutionary Digitised Tax System ‘myDATA’ Introduced in Greece
Revolutionary Digitised Tax System 'myDATA' Introduced in Greece Paving the way for a new era in Greece’s tax system, a brand new, digitised platform called myDATA has been introduced for taxpayers to fulfil their tax obligations in a much more simple way. The new platform
10% of UK Businesses Miss First MTD Deadline
Despite daily updates from HMRC, a year and a half ‘phase-in’ period and a significant number of TV adverts promoting Making Tax Digital (MTD) compliant software, one in ten business have missed the MTD deadline and therefore filed non-compliantly.