HMRC Update: Making Tax Digital scheduled maintenance
HMRC has announced scheduled maintenance taking place over this weekend on their Making Tax Digital services.
HMRC has announced scheduled maintenance taking place over this weekend on their Making Tax Digital services.
The first monthly MTDfVAT submissions are due this week – 7th June and if you don’t yet have all your eligible clients on MTD-ready software then we’re here to help.
The first monthly MTDfVAT submissions are due this week – 7th June and if you don’t yet have all your eligible clients on MTD-ready software then we’re here to help.
MTD has been live since April 2019, and yet businesses and individuals still don't know what to do about it. For the first year, this will apply to companies with a turnover of £85,000, though you can sign up early if you want.
With Making Tax Digital live, it's only sensible to make sure that both you and your company have taken appropriate measures, familiarised yourself with the relevant protocols and are MTD ready.
With MTD going live on April 1st, media coverage has increased. This has though highlighted several pieces of miss-information, which we feel may not be helping your move to Making Tax Digital.
We know that not every business is the same. Some file one set of accounts under one VAT number, while others submit multiple spreadsheets for one VAT number.
MTDfVAT has created a simple to use the process we want to make sure the process of filing with MTD is as easy as possible for our clients, which is why we have tested the process with a new customer.