What is Making Tax Digital (MTD), and how does it affect VAT reporting?

Making Tax Digital is a UK government initiative aimed at simplifying tax reporting. Since April 2019, most VAT-registered businesses are required to keep digital records and submit VAT returns using compatible software. This move is designed to make tax administration more effective and efficient.

By Xact+ Accountants|2025-03-07T00:31:55+01:00March 7, 2025|Categories: Value Added Tax|0 Comments

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Our team of experienced CAs, CFOs, business consultants, forensic accountants, valuation experts, and tax advisors offer strategic advice and customized solutions to overcome all obstacles standing in the way of your greatest success. we are dedicated to providing high-quality, professional services to help our clients succeed. We offer a full range of services, including accounting and bookkeeping, tax planning and compliance, business advisory and consulting, and much more.

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Xact+ Accountants a chartered accountancy firm in the UK, we offer a range of professional services to help businesses and individuals manage their financial affairs.