What’s happening with the basis period reform?
You need to be ready for MTD and how it will change the way you report income to HMRC. But are you ready for the upcoming changes to basis periods?
You need to be ready for MTD and how it will change the way you report income to HMRC. But are you ready for the upcoming changes to basis periods?
A delay to tax reforms which would have seen sole traders and small businesses obliged to keep digital records and report income quarterly to HMRC has been welcomed by financial experts.