Making Tax Digital for VAT requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital form and file their VAT returns using Making Tax Digital compatible software. These businesses will no longer be able to file VAT returns through the HMRC website. There are special rules relating to what is classed as a digital format and what records and information must be kept digitally. Are you Making Tax Digital for VAT Ready? Is your accountant Making Tax Digital Ready? WE ARE !!
We will be ensuring that our clients meet their new digital reporting obligations, and using the available technology will help them grow their businesses, and become their trusted business advisor as well as their friendly accountant.