Accountants in demand for digital tax advice

Posted on 02 Mar 2016
Share Blog Post

 Accountants in demand for digital tax advice

Research by HMRC shows the majority of small businesses and landlords expect to consult an accountant for support in meeting the requirements of digital reporting under Making Tax Digital. Of the 2,900 small businesses and landlords surveyed, 72% were most likely to ask an accountant/tax agent for advice and support about MTD, compared to 20% who would use the HMRC website, 13% the HMRC helpline, and 5% family and friends. Taxpayers wanted guidance on how to prepare for the new requirements (cited by 40%), while 18% wanted reassurances that they were carrying out requirements correctly and 16% wanted guidance on using software.

Source:  Yorkshire Post (12/12/2017)

View more blog posts

Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Lending gap stifles UK SME's
Posted on 30 Apr 2025
Lending gap stifles UK SME's
read more
Costly tax compliance
Posted on 23 Apr 2025
Costly tax compliance
read more
SME owners flee UK in droves
Posted on 16 Apr 2025
SME owners flee UK in droves
read more
Back To Top
01604 660661