Making Tax Digital for VAT

Making Tax Digital for VAT

posted on March 12, 2019

by: Ian Marlow / 0 comments / Company Accounts

Making Tax Digital for VAT is almost here! As we have mentioned before in this blog, VAT returns filed for periods commencing on or after 1 April 2019, may need to be filed using the new Making Tax Digital for VAT (MTD) protocols. The new filing obligations will apply to VAT registered businesses with turnover above the current VAT registration limit, £85,000.

To comply with MTD firms will need to file their returns – for periods commencing on or after 1 April 2019 – using software that can link with HMRC’s MTD servers. If you have been ignoring the advent of Making Tax Digital for VAT then you really do need to take urgent action immediately.

Readers affected, and who have not yet considered their options, should take advice, and quickly. We can offer advice on the use of appropriate software, but time is running out. Avoid last minute challenges and call now to discuss your options.

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Ian Marlow

Managing Director

Ian Marlow, an Elite Advisor for Quickbooks Online, has a passion for helping individuals and businesses in all aspects of online accounting and leads an experienced team of tax and accounting professionals.
published
12th March 2019
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