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    Poultry Business – July 2025 issue

    By Chloe RyanJuly 1, 2025
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News

Making Tax Digital – Are you ready?

Chloe RyanBy Chloe RyanApril 2, 20191 Min Read
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The Ulster Farmers’ Union is reminding all UFU members to ensure they have taken the necessary steps to become Making Tax Digital (MTD) compliant. The online tax process comes into force on 1 April 2019 for those VAT registered businesses with a taxable turnover exceeding £85,000.

UFU deputy president, Victor Chestnutt said, “I understand MTD may be a cause of concern for many of our members and I would encourage those affected to seek help and advice and take the necessary steps to become compliant. The UFU offers an exclusive service to help members become MTD compliant with our affinity partners Kingswood Computing and TGM Software Solutions.”

Making Tax Digital will help to fulfil Her Majesty’s Revenue and Customs (HMRC’s) aspirations to become one of the most digitally advanced tax administrations in the world.  MTD requires all businesses with a taxable turnover of £85,000 and above to keep records in a digital format and file VAT returns using software, which complies with HMRC software.  Eligible businesses will have to become compliant with MTD by April 2020.”

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Chloe Ryan

Editor of Poultry Business, Chloe has spent the past decade writing about the food industry from farming, through manufacturing, retail and foodservice. When not working, dog walking and reading biographies are her favourite hobbies.

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