Making Tax Digital is being introduced by HMRC from 1st April 2019 meaning that after this date, it will be compulsory to submit all VAT returns via up-to-date compatible accounts software.
If you are one of the following businesses, now is the time to take action:
• VAT registered with a turnover in excess of £85k, and are:
Using manual records or excel spreadsheets, or
– Using non compatible software such as older versions of Sage and Quickbooks, or
– Using other non compliant bespoke accounts software systems
The team at A&C Chartered Accountants are working hard to ensure our clients who need to implement this change are ready. Please get in touch with us if you need more guidance.