We are all familiar with the government initiative Making Tax Digital designed to digitise and improve efficiencies of the traditional tax return process.
IMS are HMRC sanctioned and therefore at the forefront of developing Making Tax Digital technology solutions and bridging applications to simplify tax administration. The deadline for compliance is 1st April 2021.
The inevitable move to include corporation tax as part of this new transition is underway. HMRC are currently asking system design submissions for incorporated businesses by the 5th of March 2021. IMS will help you be prepared before the deadline.
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