MAKING TAX DIGITAL – MTD

Making Tax Digital for VAT started from 1 April 2019, affecting VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000.

Next all VAT-registered businesses will need to comply with Making Tax Digital for VAT from April 2022.

VAT-registered businesses that have not yet signed up to MTD for VAT should do so now. All VAT-registered businesses must use MTD for VAT for their first VAT return starting on or after 1 April 2022.

If you are one of the Businesses and don’t know what software to choose or don’t have the time to do the search- Contact AL-TAX LTD. We are partners with Xero & quickbooks (MTD-compatible software ).

Less than one week to go for MTD – GOV.UK (www.gov.uk)