HMRC are Making Tax Digital

Golf Clubs will have to start preparing for HMRCs planned changes. In a bid to make tax more ‘real-time’, the HMRC is Making Tax Digital (MTD) by 2020, and it has a timetable for its introduction even though the details are still being worked out. Millions of businesses and golf clubs already manage their tax digitally: 98% of Corporation Tax returns and 99% of VAT returns are submitted online, and HMRC has delivered digital accounts to millions of small businesses. Since April 2016, all the UK’s five million small businesses have had access to their own digital account....
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