As of 1 April 2019 the majority of VAT registered businesses will be required to keep digital VAT records and send their returns to HMRC using making tax digital (MTD) compatible software. Very recently, it was announced that NHS bodies, along with other not for profit organisations, would not have to comply with the new requirements until 1 October 2019. This is because they have to provide additional information on their VAT return. The pilot for the deferred businesses to test the MTD will open in Spring 2019, it has just been launched for those implementing the changes in April.
This webinar will cover:
•The background to the making tax digital initiative
•How making tax digital will affect NHS bodies
•What action needs to be taken and by when
•What lessons have been learned from the implementation of the initiative so far
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