Day: July 2, 2024

Overview of Making Tax Digital for VAT Returns HMRC

If your company is VAT-registered, you’ve likely heard concerning Making Tax Digital (MTD) and MTD for VAT specifically. The law was introduced in April 2019 and it impacted all VAT-registered companies above the threshold of VAT (currently the threshold is £90,000). However, as of now, MTD for VAT is available to all VAT registered businesses. […]