Making Tax Digital: Explained
‘Blah blah blah ...’, we know that everyone's either talking about Brexit or MTD (Making Tax Digital) but, like it or not, they are important.
It’s worth getting up to speed with what MTD is and what it means to you, no matter how boring it might be!
So, what is MTD and why is it being introduced?
Well, MTD is an HMRC initiative designed to make sure that the UK tax system is effective, efficient and easier for taxpayers.
It is all about making the way in which we record and report taxes digital.
This video has been provided courtesy of Xero, who own all branding rights to Dexter, the MTD king.