Making Tax Digital Update
From April 2018 (in theory..!) HMRC are bringing in a new system of Quarterly Tax Accounts submissions. Our Users are already familiar with the seamless links Total has for submitting VAT Returns and PAYE Records direct to HMRC, as well as the BCMS Notifications, so it will come as no surprise that we will be updating Total to handle the new Making Tax Digital requirements.
Frustratingly, as of March 2017, HMRC has yet to release a technical specification for MTD electronic submissions but as soon as they do, we will be on to it. We will also keep you informed.