Using the VAT screen
Once you’re connected to HMRC’s MTD service, the VAT screen consists of two sections:
How to submit your VAT returns directly to HMRC
Once you’re connected to HMRC’s MTD service, the VAT screen consists of two sections:
Making Tax Digital is a new initiative by HMRC and the government to streamline the way VAT reports are maintained. Previously, most people would keep records of their business ins and outs in paper form or on a spreadsheet. Then they or their accountant would total these up and send off the VAT return. Now,…