Making Tax Digital Flowchart

The vast majority of VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) will be mandated to keep digital VAT records and send returns using Making Tax Digital (MTD)-compatible software from April 2019.

As you are aware from our previous messages Making Tax Digital (MTD) for VAT is now obligatory for many businesses. We are attaching a simple flowchart which we hope summaries the various scenarios and the actions required if it will apply to your business.

If you have any queries regarding your own situation or Making Tax Digital in general please do not hesitate to get in touch with us.

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