The CIOT has published guidance designed to help those who will become subject to making tax digital for VAT from 1 April 2022 (‘mandated businesses’) to understand when they should sign up for MTD.
The guidance comes in the form of a written explanation and an Excel timeline that sets out, depending on a business’s VAT return stagger and whether it has a direct debit set up, the relevant sign-up windows.
The CIOT has published guidance designed to help those who will become subject to making tax digital for VAT from 1 April 2022 (‘mandated businesses’) to understand when they should sign up for MTD.
The guidance comes in the form of a written explanation and an Excel timeline that sets out, depending on a business’s VAT return stagger and whether it has a direct debit set up, the relevant sign-up windows.
