Summary
To comply with Making Tax Digital, your accounts software must have certain functionality defined by HM Revenue & Customs.
Resolution
Making Tax Digital (MTD) enabled software is a software program or set of compatible software programs that can:
- Record and preserve electronic records in an electronic form.
- Provide to HMRC information and returns from the electronic records in an electronic form and by using the Application Programme Interface (API) platform.
- Receive information from HMRC.
If more than one application is being used, data that flows between those applications must also be exchanged digitally.
Find out more about MTD
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