At present, only VAT registered businesses with a taxable turnover greater than £85,000 are required to register for Making Tax Digital (MTD) and submit their returns through compatible software.
HMRC confirmed on 21 July that unincorporated businesses and landlords will be brought into the digital tax system from April 2023.
Making Tax Digital (MTD) for VAT was introduced on 1 April 2019 for all business trading above £85,000 of taxable supplies, with an extension until 1 October 2019 for some businesses eg groups.
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