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Software market unready for looming MTD deadline

A lack of simplicity and cost-effectiveness in the UK accounting software market may prove to be a major compliance hurdle for many businesses as the 2022 Making Tax Digital (MTD) for VAT deadline fast approaches, according to practitioners.

Software market unready for looming MTD deadline
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“Online accounting software has been and still is very expensive, and it takes a lot to learn because, in the main, it’s purposely designed for the accountant,” says Darren Fell, CEO at digital tax accounting firm Crunch.

Read more at Accountancy Age.

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