How will this affect you?

  • If you are Vat registered and have a turnover over £85K then you must submit your VAT return electronically using MTD compliant software. This will come into effect from 1.4.19 for your first full period post this deadline.
E.g. Vat period is April 2019 to June 2019 then you will have to submit this using MTD compliant software
  • If you are Vat registered and have a turnover under £85K then you must submit your VAT return electronically using MTD compliant software. This will come into effect from 1.4.20 for your first full period after this.
E.g. Vat period is April 2020 to June 2020 then you will have to submit this using MTD compliant software

You can read about the guidelines and the implications direct here https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat on the government site, and here's some more information to help make it a little clearer. Essentially the guideline states that for both supplies made and supplies received a digital record should be kept of:


  • the time of supply – the tax point;
  • the value of the supply – the net value excluding VAT, and
  • the rate of VAT charged for sales or the amount of input tax that you will claim for purchases.
In addition, we have some fantastic MTD compliant software which will make your life easier.

If you would like to understand how we can help your business, please contact us for a free consultation.

Our Address

Certax Accounting (St Albans District) Ltd
85 Southdown Road
Harpenden
AL5 1PR

Phone Contacts

General: 01727 634444

Mobile: 07973 889086

Email Us Now

supportservices@certax.co.uk

We will respond within one working day.