MAKING TAX DIGITAL FOR VAT – APRIL 2022 – WHAT YOU NEED TO KNOW
2 minutes to read Since April 2019, all VAT registered businesses with a taxable turnover above the £85,000 VAT registration threshold have needed to keep their accounting records digitally and submit their VAT Returns via MTD-compliant software. Those below the threshold were exempt from these requirements. From April 2022 all VAT registered businesses, yet to register for MTD for …
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