Are you ready for digital VAT?

SAIF has been contacted by Her Majesty’s Revenue and Customs about Making Tax Digital for VAT.

Make sure you have the right software and signed up for Making Tax
Digital for VAT. Remember to allow at least 72 hours before your VAT return is
due or 7 days if you pay by direct debit.

They have provided further information via webinars and a short video:

Making Tax Digital for VAT: This
webinar covers digital record keeping, signing up for Making Tax Digital and
submitting your VAT returns using compatible software. You can ask questions
using the on-screen text box.

Choose a date and time

There’s also a short video about Digital Record
Keeping for VAT on HMRC’s YouTube channel.