MTD for business delayed by a year

Under MTD for business, all businesses and landlords with a turnover in excess of £10,000 will be obliged to:

Keep their records digitally. No more paper accounting records!

Submit reports on-line to HMRC every 3 months within very tight deadlines.

Still have to confirm or amend their quarterly accumulative figures in an annual return

Further details at

https://www.gov.uk/government/news/businesses-get-more-time-to-prepare-for-digital-tax-changes