MTD

Making Tax Digital for VAT Registered Business Compulsory From April 2022

Since 2019, VAT registered businesses with a turnover above the VAT registration threshold of £85,000 have needed to keep their records digitally. It provide their VAT return information to HMRC through MTD compatible software. Those VAT registered businesses with turnover below the VAT registration threshold were exempted from the initial phase MTD. Will you be …

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