Next year UK is "Making Tax Digital (MTD)"
Starting April 2022, all UK VAT registered businesses will be required to use Making Tax Digital (MTD) for their VAT accounting. The tax authorities in the UK (HMRC) will require VAT returns through "functional compatible software" and for businesses to store their VAT records digitally.
Your team here at EuroVAT is using software compatible with HMRC's website. In addition to filing VAT returns digitally for you, we also make sure our clients store VAT information digitally as per the 2022 new legal requirements.
We are happy to check if you have "functional compatible software" and help implement a software-driven approach for recording VAT details. Please email email@example.com with your UK VAT questions.
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