Under the old timetable, VAT for MTD was from 1 April 2019 for all VAT registered businesses (including companies). We had plenty of warnings that companies were included in the guidance.
Under the new timetable, VAT for MTD is from 1 April 2019 for all VAT registered businesses above the VAT threshold. I assume that the definition of businesses is the VAT one and not the income tax one. However assumption is a dangerous thing but I can't see a definitive answer from HMRC or ICAEW etc.
We have a few companies who have bespoke accounting systems due to their industry or international connections. Less than 18 months, is don't long to change systems.
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No, you're right.
And, as I said on an earlier thread, you may want to start the new system from the beginning of the accounting period, which brings it forward even further.
Under the VAT section it doesn't seem to say very much specific at all other than that they may make regulations and that regulations may make different provision for different cases. So like all things MTD it remains 'we don't know'.
Finance Bill 2017, Clause 60 & 61 are "Digital reporting and record-keeping for income tax"
Clause 62 "Digital reporting and record-keeping for VAT".
I can't see that Clause 62 is limited by Clause 60/61. Clause 62 amends Schedule 11 VATA 1994 so seems to affect all VAT taxable persons (includes companies). :-((