New Forest

17/03/2022

Less than a month until Making Tax Digital (MTD) for VAT becomes law

Making Tax Digital for VAT becomes mandatory for all VAT registered businesses from 1 April 2022.

From 1 April 2022, all VAT registered businesses must file digitally through Making Tax Digital, regardless of turnover.

We can sign you up to MTD, although you will be responsible for meeting your VAT obligations. Those who do not join Making Tax Digital for VAT may be charged a penalty for failure to do so.

For more information on making tax digital, please contact Andrew Kershaw on 023 8046 1245.

Latest Tweets

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Almost 66,500 file their Self Assessment on 6 April - There were almost 30,000 more Self Assessment customers who filed their tax returns on the first day of the tax year, compared to 2018.

Click the link to read more - https://bit.ly/3FTXwg9

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