Making Tax Digital
- At January 02, 2019
- By liquid
- In News
- 0
With the April 2019 deadline for filing vat electronically fast approaching we are pleased to be able to say that Liquidity has now been recognised by HMRC as ‘Making Tax Digital’ compatible. This means that anyone using Liquidity can file their vat return electronically in accordance with the new regulations that will come in to force in 3 months time. We are ahead of most software vendors in being able to provide this facility in advance of the deadline. At the end of November 2018 HMRC began to allow vat registered companies to apply to file their vat returns electronically if they are using software that is capable of performing electronic transmissions. Please note that, if a company’s application is accepted, they will no longer be able to file vat in any way other than electronically. There are also some circumstances under which an application may be rejected although these circumstances are unusual. As a user of Liquidity you may choose to apply by going to the relevant HMRC web page. A link for this page is provided below. Please copy and paste the link into your web browser and complete the application process as required. HMRC have already recognised Liquidity as being a ‘Making Tax Digital’ compatible product so you may file your next vat return using the electronic process. If you have any questions regarding this process please do not hesitate to contact us.
https://www.gov.uk/guidance/use-software-to-submit-your-vat-returns