Notice

VAT Notice 700/22: Making Tax Digital for VAT

This notice explains the rules for Making Tax Digital for VAT and about the digital information you must keep if they apply to you.

Documents

Details

Rules introduced under the Making Tax Digital initiative mean VAT registered businesses with taxable turnover above the VAT registration threshold need to keep digital records and submit VAT Returns to HMRC using compatible software.

This notice explains:

  • the digital records businesses must keep, and ways to record transactions digitally in certain special circumstances
  • what counts as compatible software, and when software programs do and do not need to be digitally linked where a combination of programs is used
Published 13 July 2018
Last updated 3 May 2019 + show all updates
  1. Guidance on the turnover test, following the rules when you're exempt, digital links, supplies made by third party agents and supplies received has been updated. Guidance on use of supplier statements, petty cash transactions and charity fundraising events has been added.
  2. This notice has been updated with guidance on who is exempt from following the rules for Making Tax Digital for VAT.
  3. The notice has been updated to clarify the Making Tax Digital rules at section 2.1, and at section 3.2.1.1 to reflect that for a small number of businesses the Making Tax Digital rules will not apply until their first VAT Return period starting on or after 1 October 2019 and that the digital links ‘soft landing period’ for those deferred businesses will be 12 months from their start date.
  4. First published.