Essential guide to Making Tax Digital for VAT
MTD for VAT is the first phase of the government initiative to record and file all taxes digitally. It applies to almost all VAT-registered businesses.
HELPING SMALL BUSINESSES SUCCEED
Making Tax Digital (MTD) is a huge government digital initiative that is transforming the UK tax system. It's already changed record-keeping and reporting requirements for VAT-registered business. Below you’ll find content to help you better manage new MTD for VAT requirements, invoicing and organising your business expenses.
MTD for VAT is the first phase of the government initiative to record and file all taxes digitally. It applies to almost all VAT-registered businesses.
MTD for VAT need not be onerous if you follow five simple good habits to keep your VAT records up to date and filed on time.
No one wants a penalty for late or incorrect filing of VAT. Here are seven common small business VAT mistakes to avoid.
Making Tax Digital for VAT affects all VAT-registered businesses. You will need to use compatible software to file your returns if you're registered for VAT.
Apps can make starting, running and growing your business much easier. They can also save you time and money. Discover why your business should use the ANNA Business Tools.
It's essential you get your invoicing right, but did you know that you don't need to include the same information for every invoice? Discover ten things you need to know about invoicing.
Managing your small business expenses requires organisation. Getting them wrong can be costly but getting it right means you will claim all your allowable expenses.
How to submit VAT returns under Making Tax Digital (MTD), including advice on MTD rules and using MTD-compatible software and accounting apps.