Back in 2015, the UK Government announced a number of initiatves due to be rolled out in April 2019, aligned to the new European Standard on e-invoicing. With the announcement, Stephen McPartland MP, shared that, “Electronic invoicing could save the public sector and its suppliers a minimum of £2 billion per annum, by streamlining UK government administrative processes at a stroke. By enabling government…
From April 2019, the latest HMRC initiative ‘Making Tax Digital’ will be mandated for businesses operating in the UK, with a further deadline of October 2019 to include public sector organisations including government departments, NHS Trusts, local authorities and public corporations.
'Making Tax Digital' is a fundamental shift to the way the tax system works – transforming the way tax is processed so that businesses…
