Making Tax Digital (MTD) is a government initiative in the UK, introduced with the aim of making it easier to record and submit tax information. As part of this drive, from 1 April, 2019, VAT-registered business or individuals with a taxable turnover above the VAT threshold will be expected to keep digital records and use software to submit their VAT returns.
Having been a participant in the HMRC beta programme, MRI Software is now listed as a provider of compatible software for Making Tax Digital for VAT. Our central VAT submission service / bridging tool, utilised by our relevant products, will allow you to connect to HMRC systems and report VAT information. Updates have also been made to ensure functionality is available within our relevant products to help clients produce the required VAT information.
To learn more about how are solutions can help you navigate the requirements of Making Tax Digital, complete our form opposite.
