1 February 2019
In July 2017, HMRC announced that all businesses and individuals will have to file their accounting information digitally.
So, from April 2019 it will be mandatory for registered businesses to follow the new VAT submission process (if they’re over the current VAT registration threshold of £85,000). This means:
- Digital VAT records must be kept
- MTD compatible software must be used to submit VAT returns to HMRC
- HMRC online portal will no longer be available for businesses to file returns
If you require any further information or support, please get in touch.