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How to sign up to Making Tax Digital for VAT

Most businesses with a taxable turnover over £85,000 are required to comply with new HMRC Making Tax Digital requirements for VAT. Nottingham chartered accountants Clayton & Brewill provides details of how to sign up to Making Tax Digital for VAT.

If your business has a taxable turnover over £85,000 it is highly likely that you will need to submit your VAT Returns in line with new Making Tax Digital requirements. You can check here if and when you need to sign up.

How to sign up to Making Tax Digital for VAT

Before you sign up for Making Tax Digital, you’ll need:

• Compatible software to submit your VAT return
• Information about the business your signing up – company numbers or partnership UTR, VAT number and email address
• A Government Gateway user ID and password – if you do not have a Government Gateway ID, you can create one when you sign your business up

When you’re ready to sign up, you can do so here.

Please note that businesses who currently pay VAT by Direct Debit cannot sign up in the seven working days leading up to, or the five working days after their VAT return is due.

What happens next?

After signing up, HMRC will send you a confirmation email within 72 hours. Do not submit a VAT Return until you have received a confirmation email.

The deadlines and frequency of your VAT Returns and payments will not change. However, you will need to submit your VAT Return using compatible software. You will still be able to use your VAT online account to view deadlines and manage payments.

More help and information

HMRC have put together various guides and videos to help business navigate the sign up process, which you can access here.

If you need more advice or support of Making Tax Digital, please don’t hesitate to contact a member of the friendly Clayton & Brewill team.