From the first VAT accounting period starting on or after 1st April 2019 registered businesses with a taxable turnover above the VAT threshold, currently £85,000, are required to keep their VAT records digitally.
They are required to submit their returns using MTD compatible software.
We are a Platinum Partner with Quickbooks and have trained qualified staff to undertake this process if required.
Some of the other main software providers are included in our Outsourcing page if you wish to consider any alternatives.
Any information currently held on spreadsheets will have to be digitally transferrable to MTD compatible commercial software as re-keying of information will not be permitted.
Any updates of amendments in respect of MTD for VAT will be published when issued by HMRC.