WHC is the trading name of Derede UK Limited, company number 06133298. Derede UK Limited is registered to carry out audit work in the UK and is regulated by the ICAEW. Details of the audit registration can be viewed at www.auditregister.org.uk under reference number C003509394

WHC

Chartered Accountants

Registered Auditors.

138 Quay Road

Bridlington

East Yorkshire

YO16 4JB


Telephone: 01262 400611

Email: info@whcbrid.com

Making Tax Digital


From April 2019 VAT registered businesses will have to submit their VAT Returns digitally. You will no longer be able to manually enter the figures on HMRCs website. What does this mean for you?


Software

You will need to use some form of software for record keeping. Whilst spreadheets are acceptable they will need to be linked to the HMRC API (application programming interface) through some sort of package. To date we have not identified such a package available in the market place and if such a package is not in place by April 2019 you will have no choice other then to start record keeping on bookkeeping software


If you are already completing VAT Returns on your own accounting software without any quarterly amendments then you need to make sure that the software is linked to the HMRC API. If you have quarterly amendments you will have to link your software to a spreadsheet and the HMRC API.


WHC can help you with the choice of appropriate software. We will still be able to submit VAT Returns for you but the overall costs may increase depending upon the software solution.


Bookeeping


You need to ensure that your bookkeeping is satisfactory


We can help with your bookkeeping either by providing the service or by appropriate training.


Further information.


See the attached link to the HMRC guidance  -