In November 2019, a blog post raised the issue of “digital links” as defined in VAT Notice 700/22. Now that the tax deadline has passed, there is an opportunity to do all the things you have been putting off. Are digital links high on your priority list? If you have not read it, I recommend you do so asap!
The “soft landing” period comes to an end shortly – and there are penalties for failure to keep the required VAT records.
Do you know, or have you thought about, exactly how your clients put together their accounting records that you do actually see – whether it be cloud or desktop based.?
Please note – all comments in the blog are my personal views and not necessarily the views of ICAEW.
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