HMRC have updated/published the following guidance in respect of Making tax Digital (MTD) for VAT:
- Applying for an exemption from Making Tax Digital for VAT – “Check if you can apply for an exemption from Making Tax Digital for VAT and submitting your VAT Returns using software.” – Sending a final VAT return after your VAT registration has been cancelled, has been added as an automatic exemption. A link has been added to guidance on how to send a VAT return when exempt from using Making Tax Digital for VAT compatible software.
- How to send VAT Returns when exempt from Making Tax Digital for VAT – “Check how you should submit your returns when you’re exempt from using compatible software for Making Tax Digital for VAT.” – Newly published.
Source: claritaxnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
