Making Tax Digital – Less Than Nine Months to Go
From April 2019 all but the smallest of unincorporated businesses will be required by
law to make their VAT returns digitally. As part of HMRC’s Making Tax Digital (MTD)
businesse will need to keep their underlying records digitally too. For clients on an
annual VAT scheme this is already a requirement.
HMRC’s publicity on this has been sparse, so we’d thought we’d reminder you, and answer the most common questions.
We want you to understand how MTD can benefit you and your business, without causing you too much hassle, providing you get prepared.