Making Tax Digital – VAT update 15.3.22

If you are a VAT registered business if you have not already registered for Making Tax Digital due to your turnover, you will be affected by the latest roll out of Making Tax Digital (MTD). This means, for your next VAT period commencing on or after 1 April 2022, your VAT return must be filed using Making Tax Digital (MTD) compliant software.

Sign up:

If you have not yet signed up, visit the HMRC website

www.gov.uk/vat-record-keeping/sign-up-for-making-tax-digital-for-vat

Once you’ve signed up, you can create and submit a MTD VAT return via a compatible software package that allows you to keep digital records and submit VAT Returns or via our bridging software solution which connects non-compatible software (like spreadsheets) to HMRC systems.

If you would like us to take care of the sign up for you, we can for a notional fee of £50+VAT.

Filing solution:

You can find more guidance on via compatible software

www.gov.uk/guidance/find-software-thats-compatible-with-making-tax-digital-for-vat

We can provide software set up support if required.

If you would like to use our bridging software solution please confirm to me.