Who is affected? Businesses with turnover over the VAT threshold of £85000 When is it coming in? April 2019 What should I do to prepare? Check your software provider is ready or find software if you use spreadsheets. Current software providers on HMRC’s list https://www.gov.uk/guidance/software-for-sending-income-tax-updates#VAT   Where can I learn more? https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat

Have real time access to your accounts No waiting for your accountant to produce figures and see your results instantly.   Flexibility Access your accounts from your phone or computer from anywhere and invoice on the go.   Reduced margin for error It is easy to make mistakes on spreadsheets if a formula is missing … Read More