Making Tax Digital 

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More information on Making Tax Digital

All UK businesses that are VAT registered and have a turnover above the £85,000 VAT threshold will be required to keep their records digitally and submit VAT returns to HMRC using MTD-compatible software via an Application Programming Interface (API). Other areas of MTD, such as Income tax and Corporation tax, have been put on hold until 2020 at the earliest.

 

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