Gearing up for April 2019 and 'Making Tax Digital'.
Time flies and April 2019 will be here in the blink of an eye. That’s when the new ‘Making Tax Digital’ (MTD) regime comes into force.
From 1st April 2019, if you are a VAT registered business with a turnover more than the VAT threshold (currently £85,000), not only will you have to submit your VAT return electronically direct to HM Revenue and Customs, you will also have to keep digital records.
Happily, those clients for whom Scott & Wilkinson undertake bookkeeping and VAT return preparation can sit back and relax. Everything is in hand as our team will be managing MTD on their behalf. Other businesses should be preparing for the new regime as soon as possible.
In order to make the change as painless as possible, Scott & Wilkinson have identified those clients who will be affected by the introduction of MTD and are inviting them to attend one of a series of seminars being held at Dalton House. During these seminars our in-house experts will be on hand to provide a detailed explanation of what is involved with the new regime, and the tools available to help with the process.
Author: Alan Taylor FCCA
A former pupil at Ripley St Thomas C of E High School, Lancaster, Alan joined Scott & Wilkinson direct from school in 1994 and qualified as an Accountant in 2001. As practice manager, Alan is responsible for the day-to-day...
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