Support from HMRC
Most VAT-registered businesses with a taxable turnover above £85,000 now need to submit their VAT returns using Making Tax Digital compatible software. HMRC can help you get ready with live webinars and short videos.
The HMRC are running a number of Webinars to assist anyone wanting to know more;
Making Tax Digital: This webinar gives an overview of Making Tax Digital and includes digital record keeping, compatible software, signing up for Making Tax Digital, working with agents and submitting VAT returns directly from the business records. You can ask questions using the on-screen text box.
Other dates are available from the drop-down menu on the registration page.
There’s a range of videos on HMRC’s YouTube channel to help, including 'Making Tax Digital: What is compatible software?' and 'How to sign up for Making Tax Digital for VAT'.
