Making Tax Digital began this April for VAT-registered businesses.
The Making Tax Digital (MTD) initiative is designed to bring the UK’s tax administration into the 21st century while making the reporting process simpler and more efficient for taxpayers.
All VAT-registered businesses with a turnover above the current £85,000 VAT threshold will be legally required to digitally record their books and file VAT returns using MTD-compliant accounting software.
Do you need to make your Tax Digital or do you need to file for an exemption?
We can help with Making your Tax Digital or filing for an exemption.
Contact our friendly team on 079 4676 2494.