More than 1.3 million businesses are signed up to Making Tax Digital for VAT as soft landing ends

Since the implementation of Making Tax Digital (MTD) for VAT in April 2019, more than 1.3 million businesses with a turnover of £85,000 or more have been making quarterly digital returns to HM Revenue & Customs (HMRC) using compatible software. The first year of MTD was subject to a one-year “soft landing period”, which has … Continue reading