All businesses that are required to be registered for VAT, or have voluntarily decided to file VAT returns by MTD (Making Tax Digital), should currently be submitting their returns directly from their MTD-compliant software. However, those businesses that do not have...
The next stage of Making Tax Digital (MTD) for VAT came into effect on 1 April 2021, from which date businesses in MTD must have a fully digital process for compiling the information needed for their VAT returns. Some businesses with particularly complex accounting...
