Making Tax Digital for VAT: One month countdown begins

Making Tax Digital for VAT: One month countdown begins:

It is currently mandatory for most businesses with a taxable turnover above the £85k VAT threshold and will be mandatory for all businesses in April 2022. All VAT registered businesses must file their first VAT return for the VAT quarter starting on or after 1 April using MTD for VAT software. Our team at A&C Chartered Accountants have already moved across all of our clients using Xero and Sage software.

Xero calculates VAT and files VAT returns online securely with HMRC using software that’s compatible with HMRC systems. With Sage Business Cloud Leave your tax worries in the past. Collaborate with your accountant in the app or take control yourself. Anything’s possible with Making Tax Digital compliant VAT returns, ready to be submitted to HMRC with a single click.

Are you ready for Making Tax Digital for VAT? We offer a wide range of services which are unique to your business and have already helped our clients move to the digital portal. Our team of chartered accountants have a wealth of experience online and our team work hard to ensure they create smart and effective tax-efficient solutions for start-ups to optimise growth and help them succeed. If you want to learn more about how the team can help or simply want some start-up advice from a trusted accountant do hesitate to contact us. For more information please do hesitate to contact us on 0161 962 1855. Alternatively you can email us using the form below and we will contact you as soon as possible.

Our fantastic team at A&C Chartered Accountants are here to help.