Making Tax Digital (MTD) delayed for certain organisations

HMRC has recently announced a decision to delay compulsory adoption for certain organisations until 1 October 2019.

Does this apply to you?

Based on HMRC’s released guidance, the 6-month deferral applies to organisations who fall into one of the following categories:

  • trusts,
  • ‘not for profit’ organisations that are not set up as a company, 
  • VAT divisions,
  • VAT groups,
  • those public sector entities required to provide additional information on their VAT return (Government departments, NHS Trusts),
  • local authorities,
  • public corporations,
  • traders based overseas,
  • those required to make payments on account,
  • and annual accounting scheme users.

The deferral is expected to apply to around 3.5% of mandated customers.

REMEMBER; for those organisations not on this list, the planned implementation of MTD for VAT remains effective from 1 April 2019.

What action should I take?

Check your registration to ensure you qualify for deferment. If in doubt, please contact us!

Need help?

We are currently working with our clients to ensure their VAT registration status is clear and they are prepared for the correct deadline – April or October 2019. Please do not hesitate to call us, if you have any questions or need any help.