Are You Making Tax Digital?
Since the launch of the Making Tax Digital (MTD) initiative on 1st April 2019, business with a turnover above £85k are required to submit their VAT returns digitally via MTD ready software.
By April 2020, all remaining VAT registered businesses (either voluntary registered or with a turnover below the £85k threshold) will also be required to submit their returns through MTD compatible software.
When fully implemented, Making Tax Digital will affect all businesses and can help to get you started with MTD compliance.
ERP software can help you to achieve MTD compliance with rapid and transparent reporting capabilities. We work with one of the most respected software solutions on the market today, Infor CloudSuite Industrial (SyteLine).
Download: Inforlogic Guide to MTD Soft Landing for CloudSuite Industrial (SyteLine) Customers
Get in touch or call Inforlogic on 01606 720499 to find out how we can help your business to become MTD compliant with digital accounting software.
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