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Accountants & Bookkeepers

The small business guide to MTD for VAT penalties

Jan 24, 2023

Accountants & Bookkeepers 3 min read

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. Arriving at the beginning of this year, the system...

<img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full lazyload" data-src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600/600;"><noscript><img class="w-10 rounded-full" src="https://blog.xero.com/wp-content/uploads/2024/04/stuart-blog.jpg" alt="Stuart Miller">

Stuart Miller Jan 24, 2023 3 min read

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Stuart Miller Oct 11, 2022 3 min read

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