Quarterly MTD VAT returns due by 7 August – Are You Ready? - London - Finance, mortgage, insurance, London - 2804680

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Quarterly MTD VAT returns due by 7 August – Are You Ready? - Finance, mortgage, insurance

Ref. number: 2804680 Updated: 25-07-2019 14:30

Price: 33 076 GBP £

Offering: Finance, mortgage, insurance in United Kingdom, London

Making Tax Digital for VAT began 1 April 2019. Under the initiative, most VAT-registered businesses with a turnover above the £85k threshold have to keep digital records and file their VAT returns using HMRC-recognised software, such as Xero. Businesses paying VAT via direct debit need to be signed up with HMRC by 29 July 2019. We recommend you start preparing well in advance of this deadline particularly if you haven’t set up an Agent Services Account, linked existing agent-client relationships to it and signed clients up to Making Tax Digital. All the answers to your most pressing questions on MTD for VAT (even the difficult ones). Discover what you need to do and how Initor Global can help to prepare your practice. Signing up with HMRC: process and lead times How to activate the software in Xero Become compliant with Xero’s Making Tax Digital for VAT software Become compliant with Xero’s Making Tax Digital for VAT bridging software Xero Making Tax Digital resources HMRC Making Tax Digital resources Initor Global is on HMRC’s list of MTD-compatible accounting software providers. Find out more about how Initor Global supports VAT filing.

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