Making Tax Digital (MTD)

With Making Tax Digital for VAT now underway we wish to make sure that all our affected clients are ready for the next milestone.

Where Ward Williams assist with filing a business VAT return we will be liaising or arranging with that business to ensure that it is signed up at HMRC for MTD at the appropriate time.  For other businesses then the sign up is at https://www.gov.uk/guidance/sign-up-for-making-tax-digital-for-vat. It can take up to 72 hours for HMRC to sign the business up.

We recommend that this MTD registration takes place at least 2 weeks after the submission and payment of VAT of the existing way of filing your VAT Return.

Where the business uses a software package then MTD configuration registration will be necessary too.

If your business uses spreadsheets and is looking for a MTD compliant solution then please contact us and we would then be happy to discuss this or any other MTD questions.

Find out more about our Making Tax Digital solutions

 

About the author

Andrew is the Operations & Business Advisory Director at Ward Williams Ltd having partner responsibility for a portfolio of owner managed business clients covering a wide spectrum of different industries, and which are primarily based around the Weybridge and Bracknell areas. He oversees the Business Services department processes for the timely delivery of year end accounts, tax compliance and company secretarial services.

He has extensive experience of providing accounting, VAT and business tax advice tailored to individual and corporate needs. Andrew can assist in identifying and delivering strategic tax planning solutions. As he acts for a number of property clients, this is one area of specialist interest. He also provides financial and accounting solutions to start-up's, owner managed enterprises and small groups.

Andrew’s primary goal is to provide a prompt and client focused service delivering tangible benefits through providing solutions to client problems and through identifying opportunities to assist in the growth and development of their business.