Get Ready for Making Tax Digital

As well as HB&O's free Cloud Accounting Essentials workshops, there's lots of advice and guidance to help you get ready for Making Tax Digital.

How does MTD for VAT affect you?

From April 2019, if your business has a taxable turnover about £85,000, you'll have to keep digital VAT records and submit VAT returns digitally too.

If you have a taxable turnover below £85,000, you can still voluntarily join the service.

Making Tax Digital for VAT - What is compatible software?

You or your accountant needs to be able to submit VAT returns digitally using compatible software that draws information from your digital records and links directly to HMRC's system. If you don't currently keep your records digitally, you need to review your options and choose a solution that works for you and your business.

How can HB&O help?

We are working with a wide range of VAT-registered businesses to help them get ready for MTD and we'd love to help you too.

Contact our team on advice@hboltd.co.uk