.png)
Copying and pasting from spreadsheets is not allowed as part of the digital VAT return for MTD from 1st April. There must be a digital link between spreadsheets so that figures are not copied and pasted manually.
Takings from tills can be recorded daily into spreadsheets/software if you can not link the till directly to the software, but the information must contain daily gross takings rather than a weekly or monthly total.
According to an HMRC webinar, if you need to post journals to change the VAT figures (for example fuel scale charges) they are allowable as long as there is sufficient detail recorded in the software when the journal is posted.
The VAT notice with all the details in for businesses is Notice 700/22.
6 Keats Court,
St Neots,
CAMBS,
PE19 7LX
07825 152951
Home Page Blog Facebook LinkedInCompany Number 13495928
Registered in England and Wale
I learned more about how to direct my business in 20 minutes talking to Jen than in 4 years of meetings with my accountant.
Rob L, Aston Clinton
Excellent bookkeeping service and knowledge of the work.
Phil Bass, Dunstable
We have been a client of BW Bookkeeping since 2017 and rely on them for a range of services. They helped us change from a sole trader to a limited company and handle all our banking and VAT.
Mason Grab Hire Ltd, Aston Clinton
