The Administrative Burdens Advisory Board (ABAB) carries out an annual survey as part of its role to ensure that HMRC understands the needs of small businesses. The key findings from the 2025 survey are, published in ABAB’s report for 2024 to 2025.
Key Findings:-
The mandatory nature of this programme isn’t popular. It is also felt that new quarterly updates will require significantly increased time and costs to manage. In terms of the benefits business expected from MTD for ITSA, the majority of businesses don’t expect any benefits.
Please read the full report.
Kind regards,
Howard Gross BFP FCA FCCA CTA,
Director
