924. Duty to keep records.

Every taxable person must, for the purposes of accounting for VAT, keep relevant records including his business and accounting records and copies of all VAT invoices issued by him and received by him1.

From 1 April 2019, under the Making Tax Digital (MTD) initiative, most VAT registered businesses with taxable turnover in excess of the VAT registration threshold are required to keep records in digital form and file VAT returns electronically