Making Tax Digital (MTD)
April 2019
MTD for VAT came into force
It is now mandatory for VAT-registered businesses above the VAT registration threshold (currently £85,000) to keep and maintain records, whilst submitting VAT returns digitally using compatible software.
April 2021
MTD for Income Tax and Corporation Tax planned
From this date HMRC are planning to phase in MTD for all other businesses and individuals. This currently includes those with income from property.
At HB+Co we work closely with the latest software providers which allows us to tailor software to your specific needs, whilst taking care of any future MTD requirements.
We are proud Xero Silver partners and also Receipt Bank partners.
Our set up means we can get you up and running with your cloud based software and integrate some great apps into the software.
