The roles at the firm are needed following this month’s implementation of Making Tax Digital (MTD) for income tax by HMRC.
Landlords, sole traders and the self-employed with a gross income above £50,000 per year must comply with the MTD roll-out from this month.
From next April those with a gross income of £30,000 fall into scope and, from April 2028, those with a gross income of £20,000-plus.
Chris Jenkins, Azets’ Office managing partner, said:
“Our Swansea office is becoming an MTD hub for businesses and individuals as we support them with the HMRC compliance regime, which includes keeping digital records, using MTD-compatible software and submitting quarterly updates, as well as a final declaration.
“A recent online poll of business in the UK by Azets showed that most companies are not prepared for MTD, even though it is an operational reality from now for those with qualifying income of above £50,000. With the roll-out, and demand from clients, we have job vacancies for 20 people in relation to MTD.”
Azets. due to continued growth, invested in relocating to a larger Swansea office at Enterprise Park in spring last year, now home to 30 staff.
Richard Goddard, regional managing director at Azets, said:
“MTD is the most significant overhaul of the tax system since the introduction of self-assessment decades ago and it is clear from the Azets poll, and what we are hearing on the ground, that a lot of people, such as landlords and trades, will require professional support in completing compliant returns.
“In turn, this is creating job opportunities for talented people here in Swansea.”
Discover more from Swansea Bay News
Subscribe to get the latest posts sent to your email.
