The UK Government’s goal to Make Tax Digital will come into play from 1 April 2019. Sybiz has been working with HMRC to ensure Sybiz users have a great experience moving forward with MTD. In New Sybiz Vision the process of MTD is seamless and straight forward. To help Sybiz Customer’s still using Classic Vision (versions below 13) there will be an update in 2019 to add the MTD functionality to Classic Vision. Classic Vision customer’s will need to update their software before 1 April 2019 deadline to ensure compliance.
From 1 April 2019, VAT registered businesses (who are over the £85k threshold) will be required to submit VAT returns to the HMRC using MTD compatible software. A pilot program is currently in effect.
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