All UK businesses that are VAT registered with a taxable turnover exceeding the VAT threshold (currently £85,000) unless specifically exempted by HM Revenue & Customs will fall under MTD VAT for return periods starting on or after 01 April 2019.

For those businesses with a VAT return stagger 1 March/June/Sept/Dec, MTD VAT will begin with the first period 01 April 2019 – 30 June 2019 which will be due for filing on or before 07 August 2019.

For those businesses with a VAT return stagger 2 April/July/Oct/January, MTD VAT will begin with the first period 01 May 2019 – 30 July 2019 which will be due for filing on or before 07 September 2019.

For those businesses with a VAT return stagger 3 May/Aug/Nov/Feb, MTD VAT will begin with the first period 01 June 2019 – 30 Aug 2019 which will be due for filing on or before 07 October 2019.

Categories: