Making Tax Digital - November Seminars.
Making Tax Digital comes into force in April 2019, just over 4 short months from now.
Businesses that are VAT registered, and with a taxable turnover above the VAT registration threshold (currently £85,000) will, in addition to making mandatory quarterly VAT submissions, have to keep digital records. The initial mandatory, quarterly MTD submission will be the first VAT return commencing on or after 1 April 2019. Businesses that are required to comply with MTD rules and that currently use manual records or spreadsheets for their bookkeeping will be required, by HMRC, to submit their VAT return information using MTD compatible software.
In order to support those businesses that will be affected by this new MTD regime, Scott & Wilkinson are running two seminars at the end of this month. These will be held at the Holiday Inn on Caton Road.
If your business is in need of support in this or other tax related areas, please don't hesitate to get in touch. Call our Lancaster office on 01524 67111 and one of our specialists will arrange an initial meeting to disucss how we might help.
Author: Alan Taylor FCCA
A former pupil at Ripley St Thomas C of E High School in Lancaster, Alan joined Scott & Wilkinson directly from school in 1994 and qualified as an Accountant in 2001. Alan is the Partner with responsibility for the day-to-day...
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