11 September 2018 
Amanda Darley, Head of Operations and Engagement
As Making Tax Digital is fast approaching (it will affect your university and subsidiary companies from their first VAT returns starting on/after 1 April 2019) and most people are now back at work after the summer break, now is the time to formulate your MTD strategy and plan if you haven't already done so.
There has been some confusion among members as to whether there are any requirements that must be complied with by the first VAT return starting on/after 1 April 2019 or whether the 'soft-landing' until April 2020 removes all the requirements for a year. To be clear - there ARE requirements that you MUST comply with by 2019 and that you will not currently have in your VAT return process. See HMRC's public notice and our guidance documents (see below for links) for more details.
To help formulate your MTD strategy and plan, consider:
We have now published the following documents to help you in your MTD journey:
HMRC's guidance on MTD was published in mid-July and can be found here, and you may also wish to view the recorded version of the PwC/BUFDG WebEx demonstration of GITC here.
