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Where Taxpayers and Advisers Meet

Making Tax Digital

etf
Posts:1428
Joined:Mon Nov 02, 2009 5:25 pm
Re: Making Tax Digital

Postby etf » Thu Jan 23, 2025 8:51 am

Labour as trustworthy as Boris....


15. Scrap quarterly reporting for businesses with a turnover of under £85,000. The Conservative’s Making Tax Digital (MTD) programme has been criticised for creating an unnecessary administrative burden for small businesses, especially the introduction of mandatory quarterly tax reporting. While the introduction of MTD has been delayed for those businesses under the VAT threshold, Labour will scrap this requirement altogether.


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