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new vat registration

will a new client under £85k limit, be automatically put on to MTD?

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As above, looks like she is never likely to go above the limit and filing under the old method would be easier

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12th Jun 2019 09:01

No.

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12th Jun 2019 09:08

I thought that should be the case but with HMRC who knows...thanks for confirming

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to sonoftwosheds
12th Jun 2019 09:34

I think a better answer is not if registered now. I would expect some time later this year or early next year that newly registered accounts would have to opt out of MTD. That option is made available in August and it would not be that surprising if at the same time new registrants were automatically signed up although I would personally expect that to be a later step.

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12th Jun 2019 12:51

At the moment, I agree that you won't be automatically enrolled. Something I'm not sure I understand is why accountants will choose not register for MTD? Surely this is more efficient that doing bookkeeping manually or on Excel and having to go into HMRC website to file.

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By Matrix
to danstopp1
12th Jun 2019 12:57

You can still file non-MTD VAT returns through cloud software, my clients have been doing this for years.

Except FreeAgent are going to withdraw this facility soon.

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to Matrix
12th Jun 2019 16:50

Yes, I understand that they had that in the past. I would expect all accounting software to remove the method of being able to submit VAT Returns digitally through the old method, as I think this will become a little bit too confusing to have two different systems for filing returns online through the same accounting software. Also, since you have to embrace digital bookkeeping for most clients why not do the same for those with a turnover of under £85,000.

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By Matrix
to danstopp1
12th Jun 2019 17:52

Because I work for my clients and not HMRC and I would not sign up my clients or volunteer any information to HMRC unless legally obliged to do so.

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