Tag: MTD

Making Tax Digital extended to all VAT registered businesses

22 July 2020| CATEGORIES: Making Tax Digital, VAT| TAGS: Making Tax Digital, MTD

The government has published a future roadmap for the extension of Making Tax Digital, impacting businesses below the VAT registration threshold.

The countdown to 1st April has begun: Are you ready for the digitalisation of VAT?

2 March 2019| CATEGORIES: Making Tax Digital| TAGS: Making Tax Digital, MTD

With Making Tax Digital (MTD) for VAT coming into force in less than a month, businesses that have not yet decided on a software solution need to act now to meet the new digital requirements applicable from 1st April. As the timing coincides with the UK’s departure from the EU at the end of March, …

Continue reading “The countdown to 1st April has begun: Are you ready for the digitalisation of VAT?”

HMRC publishes further guidance on the digital record keeping and return requirements for Making Tax Digital (MTD) for VAT

13 July 2018| CATEGORIES: Making Tax Digital| TAGS: Making Tax Digital, MTD, new VAT rules

HMRC has published VAT Notice 700/22 providing further guidance on the digital record keeping and return requirements for Making Tax Digital (MTD) for VAT.