25 February 2022 | Article | Phoebe Adshead
VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) are now required to follow the Making Tax Digital rules by keeping digital records and using software to submit their VAT returns.
VAT-registered businesses with a taxable turnover below £85,000 will be required to follow Making Tax digital rules for their first return starting on or after April 2022.
Before you begin following Making Tax Digital rules, you may wish to check which software packages are compatible with Making Tax Digital for VAT.
You can use the Government search function to search compatible systems, or find out more about each of the accounts software packages that we provide, including implementation, training and ongoing support, below.
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