TAXguide 02/18: Demystifying Making Tax Digital - the VAT requirements - webinar Q&A
In TAXguide 02/18, Sarah Ghaffari answers a selection of the key questions raised by viewers of the Tax Faculty webinar ‘Demystifying Making Tax Digital: the VAT requirements’, broadcast on 16 January 2018. Read a summary here, ICAEW members can download the full guide.
Questions asked include:
Are charities exempt from MTD?
Are companies only in MTD for VAT if UK turnover exceed the threshold?
How will adjustments for partial exemption fit in?