123 Sheets

Making Tax Digital is a common tool that VAT-registered businesses with a higher than PS85,000 turnover can use. They must keep digital records. MTD compatible technology must be used to send the returns. Making Tax Digital is available for all landlords and businesses that have more than PS10,000 in annual income or property. Companies with a taxable turnover greater than PS85,000 can use the common tool Making Tax Digital. Businesses that have taxable turnovers exceeding the VAT threshold (PS85,000) are required to keep digital records. They must also send their returns via MTD compatible technology. Tax Digital will be available to all VAT-registered businesses, with some exceptions. MTD for Income Tax Self Assessment   Making Tax Digital is available for both unincorporated landlords as well as companies that have more than PS10,000 in annual income or property. MTD Vat Software HMRC, ITSA, ITSA and ITSA require business owners and landlords to submit quar...