On 17 September 2018, UK HMRC published Making Tax Digital: how VAT businesses and other VAT entities can get ready.
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If you run a VAT-registered business with a taxable turnover above the VAT registration threshold (currently 85,000) you are required to keep digital VAT business records and send returns using Making Tax Digital (MTD)-compatible software for VAT periods starting on or after 1 April 2019. Businesses with a taxable turnover below the VAT threshold can also sign up for MT…