Making Tax Digital begins its next phase on 1 April 2019 with the introduction of MTD for VAT. MTD for VAT brings new guidelines for reporting VAT returns at the end of every quarter, Sybiz is helping to make this transition easy for our UK users.
And while 1 April is the official start date, the earliest UK businesses will need to report their VAT returns digitally will be July 2019. Depending on your reporting schedule, you may not have to make your first MTD for VAT compliant report until later in the year.
To help clear up any confusion about this and other MTD issues, Sybiz has recently published a dedicated
MTD information page to create a hub for critical information and updates.
There you’ll find a
preparation checklist, the latest news from Sybiz about MTD compliance, answers to
Frequently Asked Questions, and a
subscribe option to receive updates straight to your inbox.