Making Tax Digital Archives - Merranti Accounting

Making Tax Digital

December 7, 2021

Making Tax Digital (MTD) For VAT periods beginning on or after 1 April 2022, it will be compulsory to keep your VAT records in a digital format and to file all your VAT returns using MTD-compatible software. We can help you with this if you are not already MTD compliant, but we need to work

Read More

Prepare for Making Tax Digital for income tax

October 13, 2021

Prepare for Making Tax Digital for income tax    From 6 April 2024 most unincorporated businesses will have to comply with the Making Tax Digital for Income Tax Self Assessment (MTD ITSA) regulations. Individuals with trading and/or property income of less than £10,000 per year in total will not have to comply with MTD ITSA. Where

Read More