Making Tax Digital for VAT

Solution Properties

Solution ID:

200427112501639

Last Modified Date:

Thu Mar 03 14:14:10 UTC 2022

Taxonomy Path:

Case category//How do I...//governmental/legislative compliance

Author:

[email protected]

Making Tax Digital for VAT - Checklist

Description

MTD for VAT is already mandatory for most businesses and from 1 April 2022 it will also apply to VAT registered businesses with a taxable turnover below the VAT threshold. If you're affected by this change, you must submit VAT Returns under MTD from your first full VAT period after this date.

Once you sign up with HMRC for MTD, from that point onwards you must submit your VAT Returns under the MTD system. If you're using Sage 50 Accounts, for a smooth transition simply follow our quick and easy checklist.

1. Setup

Check your software is MTD-ready. Show me how >
Prepare your data. Find out more >

2. Sign up

Reconcile and submit your last Government Gateway VAT Return as normal, then
Register with HMRC for MTD. Find out more >

3. Submit

Switch on MTD in your software. Show me how >
Submit your VAT Return under MTD. Show me how >

Find out more about MTD

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