Month: April 2019
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Making Tax Digital checklist: How to ensure you’re ready for MTD for VAT in April 2022
Since 1 April 2019, VAT-registered businesses in the UK above the registration threshold (currently £85,000) need to submit their VAT returns using “functional compatible software” and store their VAT accounting records digitally. This is part of HMRC’s ongoing Making Tax Digital (MTD) plans. But as of 1 April 2022, all VAT-registered businesses will be required to use […]