VATupdate

LITRG warns newly registered traders not to overlook digital tax registration

Now that Making Tax Digital (MTD) for VAT is mandatory for all VAT-registered businesses, Low Incomes Tax Reform Group (LITRG) are reminding traders who are about to register for VAT that they must also sign up for MTD – or apply for exemption from the new digital rules.

Source: tax.org.uk

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