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VAT

April 2022: new changes for business

A roundup of changes to take effect next month.

MTD for VAT brings in extra £195m

Scheme cuts costs caused by mistakes, HMRC says.

4 in 5 VAT registered businesses unaware of MTD for VAT

Just 29% know how to become MTD compliant.

HMRC urges firms to sign up to MTD for VAT

Rules apply to all VAT-registered firms from April.

Sunak considers VAT cut on household energy bills

Cut would deliver ‘Brexit dividend’ but ignore other commitments.

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