MAKING TAX DIGITAL - Cabot Bookkeeping Services

We have been working closly with HMRC to develop the skills required to ensure we have all MTD (making tax digital) regulations under control . We are ready for making tax digital and have options to suit everyone so contact us for more information.

If you run a VAT-registered business with a taxable turnover above the VAT registration threshold (currently £85,000) you are required to keep digital VAT business records and send returns using Making Tax Digital (MTD)-compatible software. The vast majority of businesses need to do this for VAT periods that started on or after 1 April 2019. Businesses with a taxable turnover below the VAT threshold can also sign up for MTD for VAT voluntarily.