Covid-19 update 10. More links & info
HMRC just sent this to tax agents. It has new links that are very useful;
“We understand COVID-19 is creating difficult times for all. Instead of our usual Agent Update, we have decided to send this email to highlight changes to existing MTD related information that you may need at this time.
COVID-19 guidance on GOV.UK
All HMRC COVID 19 guidance is included on GOV.UK as part of the Government’s response to COVID 19 at: https://www.gov.uk/coronavirus
Specific guidance for businesses and employers is at: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19
We’re providing MTD businesses with more time to put in place digital links between all parts of their functional compatible software. It’s important for businesses to note that despite this relaxation they still need to ensure they are keeping digital records, submitting VAT returns via API enabled software and maintaining all digital links they currently have in place.
All businesses now have until their first VAT return period starting on or after 1 April 2021 to put digital links in place. This is published on GOV.uk in paragraph 184.108.40.206 of VAT Notice 700/22: https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat
VAT payment deferral
We emailed our agent distribution list about this on Friday 27 March. If your clients want/need to defer payment you still need to file a return. There’s no need to apply for the deferral BUT Direct Debit payers will need to cancel their mandate in time to avoid HMRC requesting payment. You can find GOV.UK guidance here: https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19
Evaluation of the rollout of MTD for VAT
The Government has published a comprehensive evaluation of the rollout of Making Tax Digital for VAT, undertaken before the onset of COVID-19. This responds to requests from stakeholders to review the roll-out of MTD for VAT before the government decides on the next phases of MTD. You can view the assessment here: https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital
HMRC is committed to helping businesses facing unprecedented challenges.
Please stay safe.
Customer Readiness & External Stakeholder Team”
Useful new link; https://www.gov.uk/business-support-helpline
Find Business Support Scotland
Telephone: 0300 303 0660
…and here: https://findbusinesssupport.gov.scot/