Worried about Making Tax Digital?
Our team of experts are here to help.
‘Making Tax Digital’ is a requirement for all VAT registered businesses unless they are exempt. This means you need to keep records digitally, submit returns using software and connect accounting systems with digital links. To help you determine what steps you may need to take to be compliant, we have provided a downloadable flowchart.
If your businesses still keeps manual records, you will need to consider your options and start using spreadsheets or accounting software. Even if you are already using spreadsheets or software, it is worth investing time in reviewing your current accounting system to ensure you are working as efficiently as possible while remaining compliant.
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