Given its just over a month to go until the deadline, the fact that nearly two thirds of companies are saying that they need more support to deliver Making Tax Digital for VAT is disturbing.

Finance leaders are seeing the process as costly and time-consuming, depending on the changes that need to be made with keeping digital records, maintaining a digital audit trail of all business transactions, and implementing new software all weighing down on them.

The issue threatens to ramp up the workload of CFOs and FDs who are already facing enough challenges from the wider sets of issues facing their organisations, such as increasing disruption and the effects of Brexit.