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Howard Worth urge businesses to prepare in advance for Making Tax Digital

Nantwich based, Howard Worth Chartered Accountants and Business Advisors are running their second series of events to help prepare businesses for the implementation of the Making Tax digital system in April 2019.

VAT Registered Businesses with a turnover above the VAT threshold (£85,000) will be required to maintain their business records digitally, submitting their VAT Return through software that is MTD compliant. Paper records and the current online form will not be suitable methods of providing VAT return information. The new system is mandatory and HMRC will be imposing penalty points and fines for non-compliance.

Howard Worth have already assisted many businesses with their preparations ahead of the implementation of Making Tax Digital in order to make the move to this new system as straightforward as possible. The practice has a specialist MTD taskforce in place and staff are highly skilled in using various accounting software, some of which are “Super Users” who can offer help and support as well as train businesses to use the software.

To help prepare and inform businesses about MTD Howard Worth are running a number of free seminars this autumn, the next one of these is being held at Nantwich Town Football Club on Tuesday 9th October. You can book to attend by visiting the events page of their website or call the marketing team on 01606 369000.

Martin Webb, Partner based at the Nantwich Town Centre Office encourages businesses to prepare in advance of the new system becoming live. “The countdown is now on with Making Tax Digital less than seven months away. HMRC has recently released a list of compliant software providers, we would advise all businesses who will be affected by MTD to check that their current software programme is on the list and will work next year when they need to submit their VAT return in this way. There is a new penalty system in place and although this allows some leniency in terms of submissions via the new method, penalties and their subsequent fees would still be payable for late payments”.

If you have any questions, please contact Howard Worth on 01270 626162 or email