The MTDfVAT add-in for Excel allows you to define your VAT information in a spreadsheet and digitally transfer the data to MTDfVAT for compliant submission to HMRC. We also provide a template spreadsheet for digital records if you are not currently using Excel or bookkeeping software.
Click here for our on-demand MTD for VAT webinar featuring a demonstration of MTDfVAT.
Currently, VAT filing dates remain as they were before the introduction of MTD for VAT.
It is possible to apply for an exemption from HMRC if: You cannot use computers, software, or the internet because of your age, a disability, or where you live You object to using computers on religious grounds Automatic exemption applies if: You’re already exempt from filing VAT Returns online Your taxable turnover is below the [...]
Businesses can find information here. Agents can find information here. Find the VAT Notice and Policy Paper here. Updated communications from HMRC can be found here. Get help from HMRC here.
First, you will need to arrange MTD for VAT software (MTDfVAT). Then, sign up with HMRC. You will need: Sole Trader: your National Insurance number Limited Company or Registered Society: your company registration number and your Unique Taxpayer Reference (UTR) for Corporation Tax Limited Partnership: your partnership’s company registration number, UTR, and postcode where you’re [...]
Your licence runs for 12 months from the point of purchase.
You can sign up for MTDfVAT as a business to manage your VAT obligations under Making Tax Digital rules. However, if your turnover is over £5m or you manage a group of companies for VAT, you should consider BTCHub instead.
Yes, as of October 2019 the latest software version can automatically consolidate multiple data sources for different companies within a larger group enterprise.
Yes, as of October 2019 the latest software version can automatically consolidate multiple data sources. For example, for different companies within a larger group enterprise, or multiple spreadsheets concerning a single company (such as for online operations versus over-the-counter sales operations).