Making Tax Digital – Guidance & Update from Sayer Vincent

Sayer Vincent have now published guidance on their website detailing
what you need to know about Making Tax Digital (MTD). If you have any questions on this guidance, please get in touch.

Since this guidance has been published, the following has been announced by HMRC:

  • No further deferrals or delays to MTD for VAT are likely
  • Deferred businesses (listed on page 1 of the guidance) cannot assume they are deferred, they must receive a letter from HMRC confirming they have been deferred which should have been posted by HMRC by 31 December 2018
  • The introduction of MTD for income tax and corporation tax are likely to be delayed due to Brexit

Click here to see the guidance