HMRC are running a webinar for guidance around the changes affecting VAT-registered businesses with a taxable turnover above £85,000.
Most VAT-registered businesses with a taxable turnover above £85,000 are required to keep digital VAT records and submit VAT returns under Making Tax Digital rules, using compatible software.
You can find out all you need to know around Making Tax Digital for VAT, including:
Digital record keeping
Compatible software and signing up for Making Tax Digital
Working with agents
Submitting VAT returns directly from the business
The series of webinars are running initially throughout February – simply select the drop-down menu here and choose a date and time that suits you:
If you have any questions as to how this may affect you, please get in touch. We’re here to help.