What is MTD

Making Tax Digital (MTD) is a fundamental change to the administration of the UK tax system. It will affect how businesses and other organisations; agents and individuals maintain their accounting and tax records and how they transact and communicate with HMRC.

In a nutshell HMRC will require an electronic copy of the data used to prepare the VAT return. This can be achieved via your existing accounting software provided it is MTD compliant or via “bridging software” essentially an Excel format sheet that is uploaded into the HMRC portal.

You can look at this as an additional administrative burden which we will help to minimise or this is your opportunity to streamline your accounting and business management. Filing tax digitally gives you the chance to regularly check income, expenses and profit in your business with a few clicks.

FD Financial Services is a ZERO Accounts certified advisor.

How Much?
Half Day (4 hours) £325
Full Day (8 hours) £595

To put these fees into context how much is your time worth to help you grow and develop your business.