Accounting

Two thirds of SME businesses not ready for tax digitalisation

Two thirds of firms are not using software, which will be needed to report tax digitally, as HMRC is planning for 2018.

Accounting

SME owners to tackle Making Tax Digital reforms without support

Small businesses could be spending more time filling in returns through Making Tax Digital scheme, according to research.

Accounting

Making Tax Digital: What every small business needs to know

Mark Woolley discusses how the tax system is set to be transformed to fit the digital age and the challenges that a small business faces in moving to online software.

Accounting

Will digital tax put people off starting a business?

Businesses are either finding the process of digital tax compliance foreboding, or don't even know what it is. Could this be a serious deterrent to start a business?

Accounting

Digital tax remains confusing for large portion of small businesses

Nearly half (43 per cent) of micro-business owners and freelancers don’t know what Making Tax Digital is, a study finds.