Making Tax Digital for VAT (MTD for VAT) came into effect on 1 April 2019 for businesses which have a taxable turnover for above the VAT registration threshold (currently £85,000). This new legislation will mean that businesses will be required to maintain digital records and submit VAT returns using their accounting software.
If your business falls into the category that must comply with MTD but you're unsure how to transition to this new system, Whitegate can help. We can provide consulting services to help you with the changeover, whether you need a small amount of input or and expert to manage the entire transition project. With Whitegate's support you can rest assured that your company is set up to be compliant with MTD so that you can focus on running your business.
For more information please call Tony on 01923 537231.