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Making Tax Digital (MTD)

Who does MTD apply to?

MTD will eventually apply to all individuals that do tax returns as well as companies with sales of more than £10,000 per annum.

Making Tax Digital (MTD)

Why is MTD being introduced?

Different explanations have been given in different forums, however, the most likely driver for MTD is to recover more tax – the so called “Tax gap”....

Making Tax Digital (MTD)

What is MTD for VAT?

You may be wondering what MTD for VAT is and how it will affect your business. It is the process of bringing the tax system into the digital age.

vat

What is Making Tax Digital (MTD)?

Making Tax Digital (MTD) is the HMRC project designed to get all businesses and individuals to start keeping their accounting and tax records on a...

How to Guide

How to create a professional looking invoice

One of the things we are asked a lot at Powered Now is how can you create a professional looking invoice. asp what do I need to include on it?

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