As we gallop towards 1st April, Making Tax Digital is looming. This Government initiative will affect many of our clients – any VAT registered business with a turnover over the VAT threshold, which is currently £85,000. We are putting together guidance for our clients and will issue this in the next few weeks. Please look out for further information from us about this key change to how businesses must record their financial information and submit their VAT Returns.
If you would like to ensure that you receive further information from us about MTD please let us know on our Enquiry Form here.