What is Making Tax Digital? Making Tax Digital (MTD) is part of the Government’s plan to modernise the UK tax system, making it easier for people to get their tax right. MTD applies to all VAT-registered businesses All VAT-registered businesses must comply with MTD for VAT rules, unless...
英国税局强制实施MTD申报 MTD全称Making Tax Digital,中文翻译:电子化税务申报。是英国海关税务总署(HMRC)为实现税收返还和税务改革颁布的增值税税务数字化政策。是英国政府为实现税务数字化一项举措,推行MTD...
Simply select the desired cells in your spreadsheet and the application can import their values into the relevant box on your VAT return. With just one click of a button, your VAT return is sent to HMRC via the Making Tax Digital Application Programming Interface (API). What’s more, you ...
Making Tax Digital (MTD) Implementation HMRC has published a timeline for implementation: April 2018:Pilot testing begins. April 2019: All businesses with turnover above the VAT threshold of £85,000 will be required to keep digital records. April 2020: HMRC will increase the scope of M...
HMRC have produced a VAT notice relating to Making Tax Digital, providing some relaxations to the rules previously in place. Read more here -
Making Tax Digital (MTD) rules are changing. Help your clients comply, with MTD bridging software from QuickBooks - a flexible solution for spreadsheet users and businesses with complex VAT needs. Then you can move them to the cloud whenever they’re ready. ...
Making Tax Digital for VATis a HMRC service that was introduced in April 2019 to help ensure businesses get their VAT right. Under the new rules, business figures need to be kept digitally and HMRC's online VAT submission interface can no longer be used. ...
HMRC has changed the way that VAT returns are submitted. UK VAT registered businesses with a taxable turnover of more than £85,000 must use the Making Tax Digital (MTD) service to submit their VAT returns. From 1st April 2022, all UK VAT registered businesses must use MTD to submit th...
Provide their VAT return information to HM Revenue and Customs (HMRC) through Making Tax Digital (MTD) functional compatible software ALLVAT-registered businesses must follow the MTD for VAT rules from the first day of the first VAT period that starts on or after 1st April 2022. HMRC has issu...
Business VAT Guide for Vendors, users must sign up for the MTD service for VAT, even if they have already signed up to use the MTD service for income tax. For more information about how to get ready for MTD, seeMaking Tax Digital: how VAT businesses and other VAT entities can get ...