Go on GOV.UK to check how to register for VAT and avoid penalties. | HMRC
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Did you know that nearly all VAT registered businesses have to submit their VAT return online? Here's how you can submit a VAT return using HMRC's online service. | HMRC
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Worried about the cost of Making Tax Digital? Did you know there are free options available? If you’re a sole trader or landlord and have turnover of more than £50,000, you’ll need to use recognised software to keep digital records of your income and expenses. Find out more about Making Tax Digital and what software’s available: 👇 https://makingtaxdigital.campaign.gov.uk/making-tax-digital-software/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd&utm_content=software | HMRC
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VAT in the Digital Age (ViDA)
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Making Tax Digital (MTD) for VAT now applies to all VAT-registered businesses. As of April 2022, if you’re VAT-registered, you must now store your records digitally and send VAT returns to HMRC through MTD-compatible software – like FreeAgent. Sign up to FreeAgent or log back in today. NatWest’s accounting software could help you navigate MTD for VAT: https://www.natwest.com/business/business-services/freeagent.html?utm_source=natwest&utm_medium=social&utm_campaign=mtd_animation_fb_Jun22 | NatWe
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