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What is MTD for VAT?

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Making Tax Digital (MTD) is the government's initiative to digitize the UK tax system.
All registered businesses must keep digital records of every company document. They must also use MTD-compatible software to prepare, calculate and file their VAT return
Try ANNA's MTD Compliant VAT tool:
#accounting #vat #selfemployed #smallbusinessuk #uktax #smallbusiness #hmrc #freelancer #smallbusinesstips #bookkeeping #bookkeepingtips #accounting_freelancing #accountingtips
All registered businesses must keep digital records of every company document. They must also use MTD-compatible software to prepare, calculate and file their VAT return
Try ANNA's MTD Compliant VAT tool:
#accounting #vat #selfemployed #smallbusinessuk #uktax #smallbusiness #hmrc #freelancer #smallbusinesstips #bookkeeping #bookkeepingtips #accounting_freelancing #accountingtips