MTD4VAT: Digitalising a manual recordkeeping system
Question A client is compulsorily VAT registered and is using the cash accounting scheme. Their current system is not particularly sophisticated. They only use a manual cashbook. They wish to ensure that they are MTD compliant, but want to keep things as simple as possible. Can they continue to use their ‘old style’ paper-based cashbook but now do this though a spreadsheet based cashbook and submit via bridging software? Answer
Generally, the answer will be yes. However, in