The small business guide to MTD for VAT penalties
Xero
JANUARY 23, 2023
This blog was first published in April 2022 and updated in January 2023. If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Still, non-compliance can now result in real consequences.
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