From April 2020 digital linking will be compulsory for UK businesses obliged to submit VAT returns. All businesses must be able to provide a digital audit trail of the movement of data from all software used before being passed to HMRC.
Source Taxback
Latest Posts in "United Kingdom"
- Can Extending Deemed Reseller Rules to All Marketplace Sellers Effectively Combat UK VAT Fraud?
- Rachel Reeves Drops VAT Cut, Focuses on Electricity Bill Relief in Budget Support Package
- Churches Face Closure Threat as VAT Scheme for Repairs Faces Cuts and Uncertainty
- HMRC Can Reclaim Historic VAT Refunds: How to Protect Your Business from Retrospective Assessments
- FTT Confirms VAT Exemption for Welsh Welfare Services Provided by Cascade Care Limited
