For charities, MTD regulation deadline is just around the corner
Last year, charities were given an extended 6-month deadline to comply with the government’s digital tax requirements.
On October 1st, charitable trusts paying tax and VAT in the UK will need to comply with mandatory MTD. By adopting this new system, charities will be required to submit their taxes through the HMRC compliant software by keeping their records digital.
Read more at Accountancy Age.