Making tax digital (mtd for vat) – more changes coming in april 2022

imagesakura

28 28, 2022February 28, 2022

The most significant development which has been driven by HMRC in recent years is the introduction of the ‘MakingTaxDigital’ (MTD) programme, which to date relates only to VAT – with other business taxes e.g. Income tax and Corporation tax etc., to follow in due course !

Any VAT registered businesses that fail to sign up under the MTD regime will be subject to penalty(ies) for the failure to do so !!

Find out more below !