We have been keen to transition clients from manual records to MTD compliant software over the past couple of years by explaining to clients that MTD is coming. The new schedule ("at least 2020", "optional") makes us foolish, particularly in it never does come into place for clients under the VAT threshold.
I feel sorry for software developers too, who have invested huge amounts of time/ money into what would seem to be a failed project.
I can't help but laugh at their comment that no other taxes will be affected by MTD until MTD for VAT is working seamlessly. Given HMRC have still not really got CIS for Limited Companies working properly yet after over 10 years, you really have to despair.
My answers
A total shambles from the outset.
We have been keen to transition clients from manual records to MTD compliant software over the past couple of years by explaining to clients that MTD is coming. The new schedule ("at least 2020", "optional") makes us foolish, particularly in it never does come into place for clients under the VAT threshold.
I feel sorry for software developers too, who have invested huge amounts of time/ money into what would seem to be a failed project.
I can't help but laugh at their comment that no other taxes will be affected by MTD until MTD for VAT is working seamlessly. Given HMRC have still not really got CIS for Limited Companies working properly yet after over 10 years, you really have to despair.