[GNC] Making Tax Digital (MTD) for Tax Self-Assessment

[Maf. King]

Hi Neil,

MTD for VAT for turnovers 85k+ (IIRC that is the compulsory reg threshold) is 
fine and I've been "doing it" that way for a year or two now.   I think the 
report is called GST report, (but may be mistaken on that,,,)

When you say MTD for Self Assessment, I'm not sure what you mean.  SA is the 
personal tax return process.  I'm not (yet) aware of the 2023 rule changes you 
mention.

Maf.



On Wednesday, 21 July 2021 16:30:12 BST Neil Campbell wrote:
> From April 2023, new laws in UK will require all businesses with a gross
> income of in excess of £10,000 to keep digital records for Tax returns. I
> think that there are already laws in place for record-keeping and
> submitting VAT digitally direct to HMRC. I am sure that there must be
> thousands of GNUCash users who will be affected.
> 
> This may seem a long way away, but can one of the developers please confirm
> that GNUCash either complies already (I can’t find anything in the Menu’s
> that relates to VAT or the collection thereof) or the matter is in hand and
> GNUCash will comply before April 2023.
> 
> Neil
> neilcamp65 at gmail.com
> 
> 
> 
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