Hi
Only VAT registered businesses with taxable turnover over £85,000 are in scope of the Making Tax Digital obligations. Smaller VAT registered business have the option to join but they are not required to.
We recognise that some businesses may need help to become familiar with Making Tax Digital,and there is a range of help and support available on GOV.UK.
This includes step by step guides for businesses and agents, ‘how to’ videos, and a searchable list of software where you can filter software products to narrow down the choice based on your needs.
This support is available at the link below:
https://www.gov.uk/guidance/help-and-support-for-making-tax-digital
Those businesses already exempt from VAT online filing continue to be exempt under Making Tax Digital. Guidance to exemption from Making Tax Digital has been published in VAT Notice 700/22, which is available on GOV.UK.
By: Alison Walsh
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