We seem to have been talking about it for ages but it is finally here! The first VAT returns that need to be filed under the Making Tax Digital (MTD) scheme have just ended. If you have a VAT quarter ended 30th June 2019 and have an annual turnover of £85,000 then you will need to file your next VAT return using an online software. In addition, you need to let HMRC know that you are MTD ready by logging on to your VAT online account with HMRC and following the links. This needs to be done well in advance of the VAT deadline date of 7th August 2019 so you know you can file your VAT return when it is ready.

Does this all sound like gobbledegook? Need help? Just call and we can help you through it.