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Are you MTD Compliant?

  • Writer: Charlotte
    Charlotte
  • May 17, 2021
  • 1 min read

Updated: Jun 2, 2021

Now Making Tax Digital (MTD) for VAT is here, business owners above the VAT threshold of £85k need to file VAT returns online using HMRC-recognised MTD software. This will be extended to all VAT-registered businesses from April 2022.

Making Tax Digital (MTD) means you are no longer able to keep and submit manual VAT records and returns. Instead, HMRC will only accept VAT returns sent using software that supports Making Tax Digital for VAT, like Xero.

The use of this technology is mandatory so it’s a good idea to upgrade your software, or migrate your accounts, before the end of your next VAT period.

Once you're up and running, you should find it far easier to submit returns using online MTD software.

We can help to automate the process and make it simpler for you.


 
 
 

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