Come April 2019, if your company is VAT registered, with a turnover of £85,000 or more, you will be required to send a quarterly VAT statement to HMRC electronically. You will also be required to send an End of Year Statement.
Making Tax Digital is a HMRC requirement with the goal of simplifying and making VAT returns more efficient. Another goal of HMRC Making Tax Digital is for you to be able to easily view the progress of your VAT return.
Accounting Office understands that your time is crucial. Our software, My.N, will make your VAT return easier. My.N Accounting software is a module based solution that is easy to use but can go into great depth when required. With our newly developed module, Making Tax Digital, My.N will be able to send information directly to HMRC on your command.
Our Making Tax Digital module enables you to keep track of every step that your VAT return goes through, allowing the information to be easily accessible to your company.
To keep updated with the development of My.N, Making Tax Digital, or to receive more information, please register below.
If you wish to read more about Making Tax Digital, please visit the gov.co.uk site