On Mon, 24 Jul 2017 21:39:43 -0700 John Ralls <jra...@ceridwen.us> wrote:
> > On Jul 24, 2017, at 4:01 PM, mike.m...@gmx.net wrote: > > > > In about a year's time the UK taxman (HMRC) will only allow approved > > accounting software to transmit the transctions required by law to > > HMRC. > > The project is known as Making Tax Digital or MTD > > No exact details or requirements to softwaremakers have been published, > > but will gnucash commit to MTD? > > If not, gnucash cannot be used anymore by any UK users. > > > > Link: > > https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital > > > > It seems unlikely the we’ll have either the resources (as in developer time) > or information from HMRC to implement this. If HMRC actually requires that > account software be submitted to them for evaluation and approval it also > seems unlikely that they’d approve any FOSS program. > > That aside the page you cite says April 2019 and only for businesses above > the VAT threshold. It looks like HMRC intend that they’ll collect information > on individual taxpayers by other means so that individuals will have no > reporting requirements at all. Since GnuCash is aimed primarily at > individuals and small businesses it seems that most of our UK users will > still be able to use GnuCash. > > Regards, > John Ralls > _______________________________________________ Interestingly HMRC seem to be encouraging opens source https://hmrcdigital.blog.gov.uk/2016/07/14/talking-openly-at-open-source-16/ And according to https://www.ftadviser.com/regulation/2017/01/31/hmrc-reveals-who-won-t-have-to-do-digital-tax-returns/ "HMRC has clarified that all self-employed businesses and landlords with a turnover of less than £10,000 a year will not have to keep their records digitally or make quarterly updates". Which includes me. Mike E _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
