From March 2022 all VAT registered business must report their returns digitally. This will require many businesses to purchase accounting software or bridging software. The software must be capable of receiving information from HMRC digitally via HMRC’s Application Programming Interface (API) platform. HMRC have published a list of approved software suppliers.
Source: mondaq.com
Latest Posts in "United Kingdom"
- Interest Payable on VAT Element of Commercial Debt Under Late Payment of Commercial Debts Act 1998
- Addressing Unfair VAT Repayment and Interest Rates: CIOT and ATT Autumn Budget 2025 Representation
- UK Tribunal Clarifies Input VAT Deductions and HMRC Discretion Under VAT Regulations 1995
- UK Tribunal Rules Company Cannot Reclaim Input VAT Due to Pre-Registration Purchases and Invalid Invoices
- Permission to Make Late VAT Appeal Refused: Choudhury v HMRC, Martland and Katib Applied
