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Reply to "Ben's Buddies"

Thanks Yogi

 

Moonie, that's great news

 

And some more good news. Ministers have announced that the Making Tax Digital timetable has been changed. Sole traders, partnerships and landlords with turnover over £85k would have had to start complying from next April and those with turnover over £10k from April 2019. That's been delayed until 2020 at the earliest. People will be able to file digitally before then if they want to.

What hasn't changed is that VAT returns will have to be filed digitally from April 2019 but as people are used to doing that within a month each quarter there's less upheaval involved.

Limited companies would have had to from April 2020 so that may not change.

 

The important thing is that MTD will be able to be implemented in a more orderly way than the insane rush to get it done by next April.

 

El Loro
Last edited by El Loro
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