VATupdate
* click here if you have interesting news to share *

Updated VAT Notice 700/22: Making Tax Digital for VAT

HMRC has updated MTD for VAT guidance in relation to digital record keeping. They now advise businesses can apply for a time extension to the soft landing period to put required digital links in place in certain circumstances. Cost alone is not a good enough reason for requesting an extension. See para 4.2.1.3 for further details.

Source HMRC