Atkinson Accounts
Under new HMRC regulations, almost all UK VAT registered businesses need to comply with new, digital record-keeping requirements as part of the “Making Tax Digital” (MTD) programme. The “Making tax digital” programme is designed to streamline reporting processes for businesses. The end plan is to replace the traditional paper trail with a digital one, directly.
Whether you are a small business owner or not, we are all used to seeing (and paying) VAT on the majority of our bills and receipts. VAT or value added tax is a tax based on the value of goods or services. VAT is charged when a VAT registered business sells goods or services to.
Almost all UK VAT registered businesses need to comply with new, digital record-keeping requirements under HMRC’s “Making Tax Digital” (MTD) programme. Is your small business ready? At Atkinson Accounts, we have the software up and running; ready for our existing clients. So if you currently use our services for the preparation and submission of VAT.
