Updates on digitalisation for VAT rules published
Posted by mostafa on 17 July, 2018
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This item was filled under Tax
HMRC has published further information on Making Tax Digital (MTD) in the run-up to the start of the mandatory MTD for VAT service from April 2019.
It includes new VAT Notice 700/22: Making Tax Digital for VAT. This outlines formal amendments to the VAT regulations and provides information for businesses affected by them. The notice also explains the digital record-keeping and return …