The legal record-keeping requirements for VAT registered businesses have not changed, so you'll still need to keep records of invoices and receipts. What has changed is that some of it must now be kept digitally. For the digital requirements will advise you to try HMRC’s VAT Notice 700/ 22 or speak to your accountants. If you've got any other questions about MTD check out our other videos or get in touch happy filing!
Learn how to create video tutorials and make them work hard for you: attract new leads, increase sign-ups, and take a huge load off your team’s shoulders – so you can get back to your real work.