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United Kingdom – The Making Tax Digital system will be compulsory as from 1 April 2022

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As a reminder, since April 2019, VAT-registered businesses must keep VAT records digitally and send returns using a Making Tax Digital (MTD) compatible software.

This measure is only applicable to companies with an annual turnover of more than 85,000 GBP.

From April 2022, these requirements will apply to all UK VAT-registered businesses, including those with a turnover below the VAT threshold.

For more details, please contact us.

Source: www.gov.uk

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