Casper Winkelman explores the Making Tax Digital (MTD) initiative and argues that, despite criticism levelled at it from some users, its introduction should be viewed as part of a larger picture – as the first stage in a systemic overhaul which opens the door to a future of innovation. As more aspects of an organisation’s finances are brought online, he adds, and cloud-based data is shared across other business areas to provide them with a clear overview of its overall financial health, those business areas will also begin to enjoy greater efficiencies and innovation.

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