HMRC is pushing ahead with Making Tax Digital: a scheme that requires all business to maintain digital accounts. Currently many small businesses use paper accounting records or spreadsheets. Small businesses may lack the skills, time and funding to maintain digital accounts.
It is taxing enough for many of us to submit a yearly tax return to HMRC. But now we think this new implementation of making tax digital, using new software and quarterly submissions is taking things just too far. Please stop making tax digital which is due to be started in April 2026. We think paying tax is hard enough but this is going to just add insult to injury.
Government response
Making Tax Digital will help businesses stay on top of their affairs, boost productivity and ensure more of the right tax is paid. The Government will support users and has no plans to delay.