Who is Affected?
From April 2019, VAT registered businesses (including self-employed and landlords) with turnover above the VAT registration threshold (currently £85,000) will have to:
- keep their records digitally (for VAT purposes only)
- provide their VAT return information to HMRC through Making Tax Digital compatible software
Smaller businesses will not be required to use the system, although they can do so voluntarily.
AccountEdge & Making Tax Digitial
Making Tax Digitial is an active development project in AccountEdge and MTD support will be introduced in AccountEdge 2019, scheduled for release in March 2019.
Note: AccountEdge 2019 will require macOS 10.11 El Capitan as a minimum requirement. You can check your computer's OS by clicking the Apple button> About This Mac.
Useful resources can be found below: