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Preparing clients to digital record keeping

09 May

Preparing clients to digital record keeping

From April 2019, businesses with taxable turnover above the VAT registration threshold will be required to keep digital records and submit VAT returns using MTD (Making Tax Digital) compatible software.

It is not too early to start preparing and moving clients to MTD using, so they can benefit from a more straightforward and transparent way of keeping records and providing them to HMRC.

For more information, please visit Part 1 and Part 2 articles.

source: – taxagents.blog.gov.uk

If you would like to get in touch with one of our team of accountants who can support you in structuring your business to work for you or for any information regarding this article, please call us on 01708 777950