Making Tax Digital is HMRC’s move to digitise tax. As of April 2019, businesses with a turnover above £85k will have to submit VAT returns through the HMRC gateway using commercial accounting software. 89% of UK business will change the way they process tax. If you're going to be impacted you can get everything you need here on our MTD resource hub.
For the very latest news on MTD and what it means to you. Select an option below, with Sage, we have you covered.
Sage has a long history of working with British businesses and accountants. We'll help you get ready for April 2019.
Digital content, expert led webinars, live events, webchat and telephone support, all the way to bespoke services designed to support your business including 1-2-1 training and onsite support.
HMRC loses £9bn each year on taxation errors, and they believe that's partly due to the way businesses declare their income - digital record keeping and automated VAT submissions will make the process easier and error-free.
Part of improving VAT means you'll need to record your transactions throughout your VAT period and send HMRC an automated nine box VAT return at the end of each period, directly from your software. It's a simpler, more efficient process that will be less disruptive to your business in the long run.
Head to our blog for articles, insights and tips to help you with Making Tax Digital.
