HMRC has begun sending out what it calls ‘encouragement letters’ to businesses within the scope of MTD for VAT. The letters are being sent to businesses which are currently eligible to join the pilot, but are not being copied to agents.
HMRC has begun sending out what it calls ‘encouragement letters’ to businesses within the scope of MTD for VAT. The letters are being sent to businesses which are currently eligible to join the pilot, but are not being copied to agents.
The first wave of 20,000 letters were sent during the week commencing 5 November. A further 180,000 letters are expected in the week commencing 12 November.
HMRC is using two versions of the letter and will be monitoring how businesses react and respond to the different versions. For this reason, the full text of the letters has not been publicised, although they have been summarised by the CIOT, with HMRC’s agreement.
Both explain MTD for VAT and outline those businesses who will be required to be compliant from April 2019. One of the letters gives information about joining early, while the other letter is shorter, with general advice on getting the business ready for the change.
HMRC has begun sending out what it calls ‘encouragement letters’ to businesses within the scope of MTD for VAT. The letters are being sent to businesses which are currently eligible to join the pilot, but are not being copied to agents.
HMRC has begun sending out what it calls ‘encouragement letters’ to businesses within the scope of MTD for VAT. The letters are being sent to businesses which are currently eligible to join the pilot, but are not being copied to agents.
The first wave of 20,000 letters were sent during the week commencing 5 November. A further 180,000 letters are expected in the week commencing 12 November.
HMRC is using two versions of the letter and will be monitoring how businesses react and respond to the different versions. For this reason, the full text of the letters has not been publicised, although they have been summarised by the CIOT, with HMRC’s agreement.
Both explain MTD for VAT and outline those businesses who will be required to be compliant from April 2019. One of the letters gives information about joining early, while the other letter is shorter, with general advice on getting the business ready for the change.
