How to calculate MTD for VAT?
MTD for VAT returns are calculated exactly the same way as the current 9 Box return.
MTD for VAT returns are calculated exactly the same way as the current 9 Box return.
MTD will eventually apply to all individuals that do tax returns as well as companies with sales of more than £10,000 per annum.
Different explanations have been given in different forums, however, the most likely driver for MTD is to recover more tax – the so called “Tax gap”....
You may be wondering what MTD for VAT is and how it will affect your business. It is the process of bringing the tax system into the digital age.
Making Tax Digital (MTD) is the HMRC project designed to get all businesses and individuals to start keeping their accounting and tax records on a...
The mobile revolution has now made available much more technology to trade businesses who are naturally on the move.
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