The simple answers is yes.
All those required to comply with MTD have to actively sign up by advising HM Revenue & Customs that you will be submitting your VAT returns digitally in accordance with the requirement to do so. HM Revenue & Customs are not automatically moving across businesses and those required to submit VAT returns.
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Subscribe to our newsletterWhen MTD for VAT came into effect in April 2019, it introduced the requirement for VAT registered businesses with a turnover above the VAT threshold to keep the records in a digital format and submit their VAT returns via software.
Making Tax Digital (MTD) for VAT makes it mandatory for most VAT Registered businesses to keep electronic records and submit VAT Returns through compatible software. This commences from the first VAT period starting on or after 1 April 2019.
Record payments based on supplier statements rather than invoices Historically, businesses have been required to record every single purchase …
