One in five firms and landlords are not using digital tax platforms because they lack confidence in their digital skills, with the same proportion believing poor broadband will be a barrier to complying with Making Tax Digital (MTD) obligations, according to new research from Ipsos Mori for HMRC.
The findings come as a new report from the Federation of Small Businesses (FSB) shows one in four (26%) small business owners in England lacks confidence in their basic digital skills, hampering national productivity.   Â
The HMRC research finds that seven in 10 businesses and landlords (70%) are unaware of the forthcoming rollout of MTD and one-third believe making quarterly digital tax returns will be difficult.
For more information about Making Tax Digital, call in at The Knowledge Shop, part of Expo (Stoneleigh Park, Warwickshire, 14-16 January, 2018) where dealers can find free business advice.