VATupdate

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Share your experiences of digital links and MTD for VAT

The requirement for digital links within MTD for VAT software starts in April 2021, following the end of the soft-landing period. ICAEW’s Tax Faculty is urging HMRC to provide more guidance and is asking for examples of difficulties faced in implementing the requirement.

The basic rule is that it is unacceptable to transfer data manually within or between different parts of a set of software programs, products or applications that make up functional, MTD-compatible software.

Source: icaew.com

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