For more information -
Margaret Goodchild Penrith
Suzanne Borradaile Carlisle
Kristina Gash Carlisle
The UK tax system is in the process of being digitalised by HMRC with the introduction of MTD for business.
This is being implemented in stages until all business taxes are digital. If your business is VAT registered and your taxable turnover is greater than £85,000 then you will have been complying with MTD for VAT since April 2019.
MTD next steps are outlined below and we will be contacting our clients in due course as and when MTD affects them and their business.
Guidance for Making Tax Digital can be found here.
If you would like more information, then please get in touch with your usual Dodd & Co contact or one of Making Tax Digital Team; Margaret Goodchild, Kristina Gash or Suzanne Borradaile.