“The Making Tax Digital (MTD) deadline is getting closer. From 1 April 2019, all VAT-registered UK businesses above the £85,000 VAT threshold will need to keep records digitally and submit VAT returns to HMRC using MTD-compatible software. Over the coming months, we’ll be working to make sure all of our clients are on the right software and ready for MTD.
Help is at hand!
Getting your business ready with Xero The team at Xero have been busy building their MTD functionality and are working closely with HMRC to have it ready for the April 2019 deadline.
As a Xero Silver partner, Summ-It Up Accountancy has chosen Xero as our online accounting platform of choice.
We’re officially ready for Making Tax Digital with Xero. Want to know how we can help you prepare for HMRC’s new VAT rules? Just ask.”