I’m not VAT registered – should I still be compliant with MTD?
If you’re not VAT registered, we would still recommend that you use HMRC compliant digital accountancy software – especially if your business is close to the VAT threshold! It’s better to be prepared for when your business does cross the threshold.
It’s also worth noting that for non-VAT registered entities, you’ll soon most likely be required to submit some sort of return up to four times a year instead of once. If it’s going to take up too much of your time, or if it’ll cost you too much money, you can use a reliable accountant – like Mazuma – for just £32 per month plus VAT to sort everything for you. No stress – we’ve got you covered.