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Making Tax Digital: first agent quarterly filing achieved

Anita Monteith, technical lead and senior policy adviser at the Tax Faculty, went on a mission to witness a real live Making Tax Digital quarterly submission by an agent – and it doesn’t all go exactly to plan…

ICAEW members in the South West have a history of being first to e-file personal tax returns. In 1997, Paul Aplin from AC Mole made history by filing the first electronic tax return using the precursor to e-filing, the electronic lodgement system. He repeated this in December 2001, filing the first self assessment tax return via the internet.

This time, first prize goes to Darren Powell from Fraser & Co, a two-partner firm of chartered accountants based in Shepton Mallet. Darren, who uses Forbes tax software, had enrolled his firm into the agent pilot along with four of their clients; three are builders and the fourth is a landlord. The firm has a client base of mainly smaller businesses and landlords, some of whom are VAT-registered, although many are not. Between them, they use VT and Quickbooks as their standard bookkeeping software.