MTD for VAT – the last step.

 
 

There may be some of you out there who still haven’t made the leap to proper digital software. If you’re registered for VAT then April 2022 is date when it will be compulsory for any VAT registered business to be using approved digital software.

It has been compulsory since 2019 for all businesses with a turnover above £85,000 but there are still some who would have registered voluntarily and this will apply to them.

This means that from 1st April this year:

A word of caution, it is always best to check with your accountant before selecting accounting software.

So, if you’re still one of the few it’s time to dump those spreadsheets and move to 2022. If there’s anything about this that worries you please do not hesitate to call us and we’ll do all we can to help.