VATupdate

The Making VAT Digital (MVD) Journey continues – a “Curate’s Egg”

In the midst of everything that the business community has been dealing with in the last year the date of the 1st April may have passed as just another day. In the VAT context, however, it was a notable date as it saw the completion for many VAT registered bodies of their roll out of the now required Making VAT Digital internal accounting process. Our reflection on how this requirement for an internal digitally linked build up for the VAT return data for submission – could be summed up as a bit of a “Curate’s egg” – some good bits, some bad!

Source: centurionvat.com

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