Digital records in the UK
The way we keep information in the Uk is changing since April 2019.
HMRC excepts businesses that have turnover over the VAT threshold are expected to submit each transaction to the revenue.
Have you recently registered for VAT because you went over the threshold with your turnover?
This video will be helpful s it explains what is required from the HMRC, To read more kindly click.
If you would like us to support you with your business or tax compliance issues, kindly contact us.