Newsletter

With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!

» Sign up for the newsletter
» Login

Search Archive


Updated list of software suppliers that support MTD for VAT

Source: HM Revenue & Customs | | 24/07/2018

The deadline for businesses with a turnover above the VAT threshold to keep digital records for VAT purposes when Making Tax Digital (MTD) returns, is fast approaching.

From April 2019, businesses with a turnover above the VAT threshold (currently £85,000) will have to:

  • keep their records digitally (for VAT purposes only), and
  • provide their VAT return information to HMRC through MTD functional compatible software

HMRC has published an updated list of software suppliers that are working to support MTD for VAT. More than 130 software suppliers have been working with HMRC to prepare for the introduction of Making Tax Digital for VAT. Over 35 of these suppliers have said they will have software ready during the first phase of the pilot, in which HMRC is testing the service with small numbers of invited businesses and agents.

HMRC launched this initial private beta pilot of Making Tax Digital for VAT in April 2018, and the pilot is expected to be widened later this year. As things stand, businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes until 'at least' 2020.



25125805 m

 

 

Start ups require a quick response and have lots to do quite apart from the administrative setup of the business.  We provide a complete service.

Read more...

13282222 m

As a general practice we have expertise in a wide range of industries.  We are also statutory auditors, enabling us to prepare reports where that status is required. 

Read more...

24961532 m

Certainty of costs enable planning and confidence.  We have insurance schemes available.

Read more...

25332423 l

 

 

We provide a range of software to help run your business and enable easy interaction with us.

Read more...

Membership

 

About Us

Established in 1991 based in Epsom Surrey, CWM use technology to its fullest extent enabling us to work with clients based anywhere, with maximum efficiency resulting in lower costs.

Contact US

1a High Street
Epsom
Surrey
KT19 8DA
01372 727333

This email address is being protected from spambots. You need JavaScript enabled to view it.

http://www.cwmaccountants.com

Follow Us