Making Tax Digital a ‘future of innovation’

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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