Accounting software provider and our MTD implementation partner, Xero, has announced its VAT solution for Making Tax Digital is now live, ahead of its introduction on 1st April.
From now, all businesses who are VAT-registered above the £85k threshold can submit their VAT returns electronically.
So, what do you need to do?
To get started with Xero’s MTD for VAT solution, you must be set up with HMRC, after which you can activate your Xero account.
To activate within Xero, go to Accounting > VAT Return and follow the simple on-screen instructions.
If you took part in the beta programme, you will already be set up and therefore can begin submitting VAT returns digitally.
If you require any help getting started, or have any concerns regarding MTD for VAT, please get in touch with our team of dedicated advisors.