Member Since: 1st Mar 2019
11th Mar 2019
I'm a sole trader. I'm a business writer. VAT registered. T/O about £85k annual, but half of that is sales of services to US (outside of VAT). So do I need to be MTD compliant for VAT? i.e. does HMRC define the £85k turnover qualification as 'VATable' turnover (meaning I don't qualify) or as total turnover (in which case I will need to comply)? MTD is a bit of a sledge hammer to crack a nut in my case. I typically issue 3-4 invoices a month and incur 2 or 3 input costs a month that I bother to reclaim VAT on. Thanks.