News dot2left cropped500pxt
  • IMG 9118
  • Xmas-Lights-2011-11-24 10
  • D4S9273
  • IMG 9093
  • Landscape
  • MYFC 005
  • Duke-of-Kent 086
  • Mop-Fair---10-10-09------08
  • IMG 9860
  • Camilla-2012-10-19 152
  • IMG 8402
  • IMG 1741
  • IMG 3197
  • IMG 8820
  • Sunset
  • IMG 8472
  • Jazz Fest Sat 572
  • IMG 0130
  • Torch-2012-05-23 093-
  • Silbury-Sunset---10-06-08-----07
  • Civic Selfie1
  • IMG 1695
  • PA030868
  • Big-Bull
  • Hares 017cropped
  • P7271325
  • IMG 9097
  • Marlborough-2013-04-18 St Peters
  • P7271281
  • IMG 9001
  • D4S0472
  • Avebury-Sunset--2012-09-07 35-
  • IMG 8104
  • Rugby
  • D812668
  • TdB-Pewsey 044
  • Christmas-Lights 15-11-20 097
  • ARK Manton -2012-01-14 49-
  • P7271291
  • P7271332
  • 4MI-2013-11-28 030
  • IMG 8279
  • Bluebells-in-West-Woods-10-05-09------30
  • Sunset2
  • Town-Hall-2011-05-03 08-

Visting Marlborough 252x140

Get ready for the five-times-a-year tax return, Marlborough Chamber of Commerce networkers warned

Adrian King of Bew and CoAdrian King of Bew and CoIf you like doing your annual tax return, you’ll love Making Tax Digital – the new initiative from the HMRC.

Networkers learned about the initiative from Adrian King of Marlborough accountancy firm Bew & Co at Wednesday’s meeting of Marlborough Chamber of Commerce.

“Making tax digital is HMRC’s new plan,” said Adrian. “They’re going to abolish the tax return. You’ve got to do five tax returns now - four quarterly returns and a summary at the end of the tax year.”

The initiative effects everyone who files their own tax return, including the self employed and landlords with an income from property rental of more than £10,000 PA.

Making Tax Digital is due to be implemented in April 2018, although people earning less than the VAT threshold of £83,000 have a stay of execution until 2019.

Adrian said HMRC was working with software companies, and Making Tax Digital should integrate with anyone using popular online services by Zero, Quickbooks and Sage. HMRC is also likely to release its own free version, so as not to force sole traders and small businesses into buying software.

“But HMRC is not sure what it wants, so it’s all a bit up in the air,” he said. “And all the best minds are working on Brexit – so that won’t help.”

There were plenty of accountants in the room, and none of them was looking forward to the implementation of quarterly returns.

Meanwhile, as the Government was in the middle of its U-turn manoeuvre over increases in National Insurance, sole traders in the room were warned: “The self employed will bear the brunt of this new legislation.

  • Marlborough Chamber of Commerce meets monthly at Marlborough Golf Club for a networking breakfast with a guest speaker. For an invitation to future events, email Elaine Glass at Withy King via This email address is being protected from spambots. You need JavaScript enabled to view it.

Print Email

  • P7271281
  • Silbury-Sunset---10-06-08-----07
  • D4S0472
  • Hares 017cropped
  • Mop-Fair---10-10-09------08
  • Civic Selfie1
  • Landscape
  • Bluebells-in-West-Woods-10-05-09------30
  • P7271332
  • Sunset
  • Rugby
  • IMG 9860
  • Duke-of-Kent 086
  • IMG 9001
  • IMG 8820
  • IMG 8104
  • Big-Bull
  • Town-Hall-2011-05-03 08-
  • Christmas-Lights 15-11-20 097
  • D812668
  • Avebury-Sunset--2012-09-07 35-
  • PA030868
  • Sunset2
  • D4S9273
  • IMG 0130
  • Xmas-Lights-2011-11-24 10
  • IMG 8472
  • Jazz Fest Sat 572
  • 4MI-2013-11-28 030
  • Camilla-2012-10-19 152
  • Torch-2012-05-23 093-
  • IMG 1695
  • IMG 9097
  • MYFC 005
  • IMG 9093
  • IMG 8279
  • TdB-Pewsey 044
  • ARK Manton -2012-01-14 49-
  • IMG 8402
  • IMG 1741
  • Marlborough-2013-04-18 St Peters
  • IMG 3197
  • IMG 9118
  • P7271325
  • P7271291