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,
Eaton Ford,
St Neots,
Cambridgeshire,
PE19 7LX
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BW Bookkeeping is a breath of fresh air in the accounting sector. Supporting our businesses with skill and focus. Allowing management to to run the day to day projects and not be snowed under with delivery notes , wages and tax. The suggestions and input Jen and the team have implemented over our company are simple but brilliant as all the best ideas are. We love collaboration with BW Bookkeeping to support us in, not only running the day to day company but also building our buisness.
Joseph Walsh, St Neots
Outstanding! BWBPS sorted out my books then provided me with the support and training I needed to get everything up to date and back on track. Friendly, professional service which I would highly recommend.
Cake Company St Neots
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
