The government is due to implement its Making Tax Digital (MTD) initiative over the coming years, which it hopes will create a ‘transparent and accessible tax system fit for the digital age’.
The new regime will see taxpayers move to a fully digital tax system, with businesses and individuals required to register, file, pay and update their information using a secure online tax account.
Please contact us for more information.
Businesses will eventually be required to supply up-to-date information in respect of their income tax and national insurance contributions (NICs). Updates will need to be made at least quarterly.
Hilton Jones can assist businesses in making full use of this new system, and can provide advice and support in regards to the quarterly updates required by HM Revenue & Customs (HMRC).
We will also be keeping up to date on the latest developments in relation to MTD.
Hilton Jones is the trading name of Hilton Jones Limited, a company registered in England & Wales. Company Registration No: 7201503.
Registered Office: Hollinwood Business Centre, Albert Street, Oldham, Lancashire. OL8 3QL.