Making Tax Digital (MTD) for VAT registered businesses
From April 2019 most vat registered business with turnover above £85,000 will be required to keep records digitally and use special linked software to submit their VAT returns to HMRC – MTD
There are three main ways to comply with the new legislation:
- List sales and expenses within a spread sheet and use bridging software (either your own or ours) to link the spread sheet to HMRC.
- Sign up with MTD compliant software like Xero and complete your vat returns within these packages.
- Give us all your sales invoices and receipts and we can manage everything for you.
Which ever method you chose we will ensure everything runs smoothly and work with you to make the process as easy as we can. This will allow you to concentrate on running your business rather than worrying about HMRC compliance.