Skip to content
logo Knowledgebase

Making Tax Digital for VAT - Checklist

Created on  | Last modified on 

Summary

This guide is a checklist to help you submit your first Making Tax Digital (MTD) VAT Return in Sage 50cloud Accounts.

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 50cloud Accounts, for a smooth transition simply follow our quick and easy checklist.

1. Setup
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

Find out more about MTD


Need more help?

Chat to one of our Sage Ambassadors now.

Chat now

Image

 

 

 

 

Image

Simple, automated and all in one place
Manage your employees’ taxable benefits easily and accurately, with online submissions to HMRC. Deadline for P11D submission is July 6 2022.

Find out more >


Image