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MTD for Self-Assessment delayed

The government have announced today (23rd Sept 2021) that MTD for Self-Assessment has been delayed by a year until April 2024.

MTD is one of the biggest changes in reporting your taxes in everyone’s lifetime and many tax payers haven’t addressed the issues that it will have on them.

Digital record keeping is something that we have encouraged our clients to keep for many years so that the jump to MTD will not be as costly as it may end up being.

Although the delay is welcome amongst almost everyone you still need to start to take action sooner than later.

If you would like more information about what needs to be done, or any advice generally, please contact us admin@mphaccountants.co.uk.

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MPH Accountants

We offer a friendly and professional service to our clients. Our client base is wide and varied ranging from small one-man bands to large limited companies, and our business principle is the same in that each client, no matter what size, has their own individual requirements.

Whitstable - 01227 277 667
Thanet - 01843 230 256
Email: admin@mphaccountants.co.uk