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"
- HMRC Updates VAT Refund Guidance for New Charity Buildings and DIY Housebuilders Scheme
- Supreme Court Rules NHS Trusts Must Charge VAT on Car Parking Without Binding Legal Exemption
- VAT Penalty Overturned: Tribunal Accepts Combined Personal and Operational Crises as Reasonable Excuse
- HMRC Signals VAT Reform: Care Home Crackdown and Major Capital Goods Scheme Threshold Hike
- HMRC v Moir Management: Penalties for Failure to Notify Notifiable Arrangements and Reasonable Excuse Considered
