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1st April Marks The Launch of Making Tax Digital

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Today, 1 April, marks the launch of HMRC’s flagship Making Tax Digital programme, designed to streamline tax administration, which requires 1.2m VAT registered businesses earning over £85,000 to keep their records digitally and submit online VAT returns.


Now is the time for those businesses affected by MTD who haven’t done so already, to begin preparing to switch-over.


You don’t necessarily need to sign-up from day one, but you do need to make sure you’re keeping your records digitally for your next VAT period which starts on or after 1 April.