Making Tax Digital will require businesses to use “designated software packages”

Making Tax Digital will require businesses to use “designated software packages”

The Financial Secretary to the Treasury, David Gauke MP, has confirmed in a letter to the Treasury Select Committee that HM Revenue & Customs plans to require businesses to make quarterly tax returns using “designated software packages” as part of its Making Tax Digital (MTD) initiative. Previously, it was understood that businesses would be able to use their own choice of software package for their Read more…