Ah, the British government's bold dream to drag its tax system kicking and screaming into the 21st century. The vision? Making Tax Digital (MTD), a utopia where filing your taxes is as easy as ordering a takeaway and digital record-keeping magically makes everything better. But is that the reality?
Gather ‘round, innovators of the UK, and let me tell you a tale about the once-glorious R&D tax credit regime - a system that was meant to ignite the fires of invention, nurture the next wave of life-changing breakthroughs, and shower businesses with tax relief for daring to think outside the box
In today's globalised economy, the allure of low-cost bookkeeping and accounting services from offshore providers in countries like India and the Philippines is undeniable.
