Making Tax Digital

In April 2019 HMRC made changes to how you submit taxes. If you’re a VAT-registered business with a taxable turnover above the tax threshold then you will require to use the Making Tax Digital service to keep records digitally and to use software to submit your returns.

There are a few exceptions, for full information on these, visit:- 

www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital   

Can my businesses Dynamics NAV system do this?

If you have Dynamics 2018 or Dynamics 365 Business Central, you’ll be able to submit your taxes the new way. If you have NAV 2017, 2016 & 2015 you will be able to get the same functionality through an upgrade.

Sci-Net Limited and Microsoft are working together to ensure a smooth transition. To find out more, here's our document to help you through the change and set up. 

Click here: Making Tax Digital guide

Why don't you contact one of the team to find out how Sci-Net can ensure your solution complies.

Call: 01869 349949 Email: [email protected]

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Categories: Microsoft Dynamics, News

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