Ensure digital links are in place to meet MTD for VAT deadlines
Ensure digital links are in place to meet MTD for VAT deadlines
Mon 23 Dec 2019
This is a reminder that if there is difficulty meeting the digital links requirement for UK making tax digital (MTD) for VAT within the ‘grace period’ permitted it is possible to get an extension, but this requires an application to HMRC – see 4.2.1.3 in VAT Notice 700/22.
The grace period ceases with effect from either April 2020 or October 2020 depending on when the business was first required to adopt MTD for VAT. The ability to apply for an extension may be helpful for businesses with complex legacy IT systems.
Please get in touch with a member of the Mazars indirect tax team for a further discussion.
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