VAT businesses must be ready for Making Tax Digital from 1 November 2022
VAT-registered businesses must use Making Tax Digital compatible software for their VAT returns from 1 November 2022 HM Revenue and Customs (HMRC) is reminding businesses that from Tuesday 1 November 2022, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns. By law, all VAT-registered businesses must now…