How Can You Avoid the Hassle of MTD for VAT?

If your turnover is below the VAT threshold of £85000 then a very simple way of avoiding MTD for VAT is to deregister which you can do online:

Other things to keep in mind include:

  • MTD will apply to all submissions for VAT periods beginning on or after 1 April 2022.
  • Retailers must digitally record their daily gross takings figures, but it is not necessary to record each individual retail sale.
  • A digital audit trail must be in place from day one.
  • If you want to carry on using spreadsheets you will need bridging software.
  • The software that you use must be capable of sending information to and receiving information from HMRC digitally.


Striving to deliver exceptional financial services >>>

Scroll to Top