Re:Show HN: UK Invoice and Vat Making Tax Digital Compliant ...
by Costrak on Tuesday January 21, 2020 @08:14AM
(#22106580)
Hi All
Making Tax Digital is the UK governments push to get eveery business to deal with their tax affairs digitally.
Initially, this means VAT registered businesses who can no longer file their VAT manually, nor can they rely on HMRC website.
Ideally, they show have software that they maintain accounts on, which files directly to HMRC.
If you have an accountant who does everything, that should be ok for now.
Making Tax Digital is the UK governments push to get eveery business to deal with their tax affairs digitally. Initially, this means VAT registered businesses who can no longer file their VAT manually, nor can they rely on HMRC website.
Ideally, they show have software that they maintain accounts on, which files directly to HMRC.
If you have an accountant who does everything, that should be ok for now.
Read https://www.gov.uk/government/publications/making-tax-digita...