Making Tax Digital

From April 2019 all VAT registered businesses with turnover above the VAT threshold will be required to maintain digital records and will need to send their VAT information to HMRC using third party commercial software. HMRC’s online portal will remain available to all other businesses that complete a VAT return but have turnover below the VAT threshold. What does this mean for me? The simplex D books are soon to be a thing of the past! From April 2019 you will have to keep your records digitally which can either be in the form of cloud accounting software or spreadsheets. I already use spreadsheets, so how does this affect me? You will no longer be able to submit your VAT returns by logging

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