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Blog

Are you registered for MTD yet?

Adrian Mooy - Friday, April 12, 2019
 
From 1 April 2019, most VAT registered businesses are now required to comply with the new Making Tax Digital for VAT regime, however, many businesses may not be aware that they are required to register to use the new system.

 

If you pay VAT by direct debit you will need to sign up seven working days before sending your first MTD VAT return and you cannot sign up within five working days after sending your last non-MTD VAT return.

 

There will be a ‘soft landing’ period during the first 12 months.
 
HMRC has also launched a new tool that allows businesses to filter certain criteria to find the software package that they require.
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