Since April 2019, VAT-registered businesses with a turnover above the VAT threshold must 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 turnover below the VAT threshold.
For more information, join HMRC’s live webinar – during which you can ask questions using the on-screen textbox. You can register via the link below.
This webinar provides an overview of Making Tax Digital, including digital record keeping, compatible software, how to sign up and submitting VAT returns directly from the business.
You can also view their short videos on HMRC’s YouTube channel by clicking on the links below.