Making Tax Digital - A4A Can Help You

Accounting4Actors' Zach Collins guides us through the transition to Making Tax Digital. In the field of tax returns for actors and tax returns in the creative industry, Making Tax Digital is making waves. It is the biggest change to the UK’s tax system since self-assessment was introduced in the 1990’s. The main changes are that returns will be quarterly rather than annual, and freelancers must keep digital records of income and expenses.

No more sticking your receipts in a shoebox, adding them up once a year and typing the total into a form on HMRC’s website. That will all be gone.

Here at the home of tax accounting for actors, we have set out very clearly the low-cost and high-value options that we are offering all our clients to ensure that they stay compliant. Watch Zach’s short guide here and you will be better informed about the coming changes, and please let us have any of your questions by emailing us at hello@accounting4actors.co.uk