If you are still not ready for HMRC’s MTD for VAT, take comfort that you are not alone. A recent Thomson Reuters survey of UK tax professionals’ attitudes and readiness for MTD found that 70% of tax professionals are stalling on MTD.

Similarly, 37% of respondents are deciding to hold fire on changing policies until they hear more from HMRC about the revised October 2019 deadline for businesses with complex requirements. However, all other businesses that meet the criteria will still need to be ready by April.