What is MTD for VAT?
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.
Key facts: The biggest problem with the MTD for VAT implementation is the short time in which this is expected to ...
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.
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”....
MTD for VAT starts for the first VAT return that any business does for the first period starting on or after 1st April 2018.