Mandant can offer a fully automated HMRC-Compliant MTD for VAT service, with a simple annual subscription. There are many times when the UK government is accused of being behind the curve, but when it comes to tax it’s well ahead of the game. HMRC has an ambition to become one of the most digitally advanced tax administrations in the world. The eventual benefits of its Making Tax Digital (MTD) scheme are twofold – accounting errors will be minimised, while businesses should find it easier and more efficient to file their returns. The first stage of MTD was introduced by HMRC in April 2019. For now, it is only VAT returns that must be recorded digitally and submitted using the new service. However, it is likely [...]