Friday, April 1, 2022

Making Tax Digital is for all VAT-registered businesses

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Support from HMRC
 
 
Dear customer,
Since April 2019, VAT-registered businesses with a taxable turnover above the VAT threshold (currently £85,000) have needed to keep VAT records digitally and send returns using Making Tax Digital (MTD) compatible software.
From April‌‌‌ ‌2022, these requirements will apply to all VAT-registered businesses, including those with a taxable turnover below the VAT threshold.
Find out more in the following live webinar, during which you can ask questions using the on-screen text box.
Making Tax Digital for VAT
This gives an overview of Making Tax Digital, including digital record keeping, compatible software, submitting VAT returns directly from the business and how to sign up. 
Register here
There's also a handy video on HMRC's YouTube channel:
How do I sign up for Making Tax Digital for VAT?
Yours faithfully
Geoff Greensmith  
Head of Digital Engagement and Communication Services 
 
 
 
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