Sage 50 Accounts

Under Making Tax Digital (MTD) for VAT, businesses are required to file their VAT returns electronically using accounting software, and need to keep digital records of their transactions. Businesses with a VATable turnover above the VAT threshold have…

From April 2022, Making Tax Digital (MTD) is being extended to all VAT registered businesses, including those who are voluntarily VAT registered with a VATable turnover below the VAT threshold. If this affects you, you can read more and find out how…

Are you using digital links? Under Making Tax Digital (MTD) for VAT you must keep digital records and any transfer or modification of that data must be done using digital links. Prior to 1 April 2021 HMRC took a soft landing approach to digital links…