Making Tax Digital
The Making Tax Digital (MTD) for VAT deadline is getting closer. From 1 April 2019, all VAT-
registered UK businesses above £85,000 VAT threshold will need to keep records digitally and
submit VAT returns to HMRC using MTD-compatible software.
Over the coming months, we’ll be working to make sure all of our clients are on the right
software and ready for MTD.
VAT clients already on Xero
Good news for you, if you’re already on Xero then there’s nothing you need to do.
The team at Xero have been busy building their MTD functionality and are working closely
with HMRC to have it ready in time for April 2019.
VAT clients not on Xero
To comply with HMRC’s new regulation, you’ll need to move across to Xero online accounting software.
We will be working with our clients to make the transition onto Xero as easy as possible. There are so many benefits to using Xero – click here to read more about Xero.