Your Digital VAT Checklist: Are you Digital VAT Ready?

From the first of April all VAT registered businesses are now required to keep digital VAT records and submit VAT returns using compliant software. Are you digital VAT Ready?

There are lots of questions for every business to answer around the new Making Tax Digital Process, but thankfully Sage Advice has created a guiding checklist. Visit their Digital VAT Checklist for advice on:

  • Figuring out if your business is impacted by MTD for VAT
  • Exemptions and deferrals from MTD for VAT
  • Working out which processes to adapt
  • Ensuring you’ve got functional compatible software for MTD for VAT
  • When to switch to MTD for VAT

Find their checklist here, and make sure you start April ready for MTD!