70 percent of tax professionals stalling on MTD for VAT

HMRC might declare that MTD will make it “the most digitally advanced tax administration in the world” but a Thomson Reuters survey found that tax professionals are struggling to keep up.
Asked about the status of their MTD for VAT implementations, 70 percent of the 146 tax and accounting professionals surveyed said they are yet to implement any changes. This was despite having developed plans ahead of the April deadline for MTD for VAT.
The survey also found that 37 percent of respo