All VAT Returns must now be submitted under the new “Making Tax Digital” (MTD) system for anyone over the VAT registration threshold of £85,000.
This means that you can no longer send your data via the old government gateway.
All VAT registered businesses with a turnover above £85,000 will need to sign up with HMRC for MTD for VAT. If you have not already, you will need to use the following link to sign yourself up.
You need to sign up at least 7 days before your VAT return is due for submission. This means for quarter ended 30 June 2019 you must be signed up by 29 July 2019.
If you use a manual bookkeeping system, for VAT quarters ended June 2019 you will be unable to keep your VAT records manually or on a spreadsheet, and you will need MTD enabled software to submit your return.
We therefore recommend that you switch to one of our recommended cloud based solutions; Sage Business Cloud online or Quickbooks online.
We provide up to 3 hours free set up and training to all our clients if required.
If you would like further information on software available then please let me know by calling us on 01244 401001.
If you have outsourced your VAT Return preparation to Meacher-Jones, then it is important that you reply to any emails from members of the team as soon as possible regarding MTD, this will ensure you have a smooth transfer and your VAT return can be submitted to the new platform on time.