Making Tax Digital (MTD) is one of the biggest shake ups since the introduction of Self-Assessment in the 1990s in terms of how businesses MUST interact with HMRC.
In a nutshell MTD mandates that businesses will HAVE to use some form of compatible, functional, DIGITAL tool to SUBMIT financial information TO HMRC on a regular basis.
In Just 7 Days we will all be in a new tax year and ‘Oh My God’ I read recently that apparently less than 10% of companies in the North West are MTD ready.
I’ll get right to the point. First to be impacted are VAT registered businesses that have turnover ABOVE the VAT registration threshold currently of £85,000 and commences for VAT periods starting on or after 1 April 2019.
So unless you already really know what you are doing with your VAT returns and are most definitely using accounting software which is MTD ready and fired up, YOU Need a Breakthrough Move to get your business ready for a pain free way of getting your VAT returns immediately MTD compliant and here’s the quick and easy way to do just that:
1 Call Us Now on 0161 703 8353 and ask for Andrea Parr or Charles Lucas or
2 Email Us Now on firstname.lastname@example.org
As soon as we hear from you can expect us to advise you on how you can get ready, what accounting software is MTD ready, and how we can help make it all happen.
PS: don’t risk being late with your VAT returns this new tax year
Tom Bathgate MBA