Making Tax Digital for VAT
Absolute are developing two packages to deal with the mandatory submission of VAT to HMRC. The first is a standalone Excel based product that will replace HMRC's free VAT online portal, which is being withdrawn in April 2019.
For further details or to register your interest please click here.
For users who currently use our Integrated software range the MTD VAT filing capability is included as standard.
Making Tax Digital for tax
We are pleased to announce that the first agent transmissions under MTD were made from our software in the summer of 2017 and are included as standard within our Integrated software package.
HMRC have stated that businesses will NOT be mandated to use MTD software until at least April 2020.
Absolute has included a demonstration of the MTD service which can be accessed via the tax package, or alternatively users can now ''opt in'' to start filing live data to HMRC via MTD using our Integrated package.
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Please click here to read the latest HMRC guidance relating to MTD.