New Filing Regulations

Last Call for VAT Traders to Prepare for new Filing Regulations

Posted on by Admin

As we’ve mentioned before, returns filed for periods commencing on or after 1 April 2019, need to be filed using the Making Tax Digital (MTD) new filing regulations.

The new filing obligations will apply to VAT registered businesses with turnover above the current VAT registration limit, which is £85,000.

To comply with MTD firms will need to file their returns – for periods commencing on or after 1 April 2019 – using software that can link with HMRC’s MTD servers.

Readers affected, and who have not yet considered their options, should take advice, and quickly.

We can offer advice on the use of appropriate software, but time really is running out. Avoid last minute challenges and call now to discuss your options.

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