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Making Tax Digital retailer actions
By bira
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Making Tax Digital – action needed!

Recent research by software provider Intuit QuickBooks revealed that 41% of business owners in the UK have never heard about Making Tax Digital (MTD) and of those who had, 76% are finding it difficult to understand how it would affect them. Jo Nockels from TaxAssist Accountants answers your questions.

What’s happening?

From April 2019, VAT-registered businesses with turnover above the current £85,000 VAT threshold must be ready to maintain their financial records digitally and be able to submit their VAT returns directly to HM Revenue & Customs using compatible software.

How will Making Tax Digital affect me and my business?
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