Don’t forget, all VAT registered businesses need to be signed-up and ready for Making Tax Digital (MTD) from 1 April this year.
Since April 2019, businesses with a taxable turnover above £85,000 have been required to follow MTD, keeping digital records and filing VAT returns using MTD compatible software. Now, all VAT registered businesses regardless of turnover must file digitally through MTD from April 2022.
If you require any assistance with enrolling or filing of VAT returns under MTD, please contact Fisher & Co. on 01942 513729
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