In 2018, UK’s HMRC launched a series of test pilots for its new Making Tax Digital VAT filing process. Making Tax Digital goes live on 1 April 2019, and will require all UK VAT registered businesses to file their quarterly returns via HMRC’s API platform.
The pilot commenced on 11 April 2018. This is a private pilot, with a number of software providers being invited to test their solutions with HMRC and then receiving HMRC formal approval upon successful test filing.
HMRC has staggered the tax payer categories that may be tested in the following pilots:
This guide covers the essential steps ecommerce sellers need to take now that the UK has left the EU Customs Union and VAT regime to keep their cross-border sales going, avoid extra tax costs and frustrated customers.
Read the report to learn about key industry trends, emerging issues, and challenges faced by cross-border sellers and shippers.
Manage international tax with cross-border solutions for VAT, HS code classification, trade restrictions, and more.