MTD VAT Bureau
Making Tax Digital (MTD) – your VAT made easy
All VAT registrations must now comply with the MTD rules. What this means is that all UK VAT returns must be prepared and filled using a fully MTD compliant system. This creates a major problem as you are not allowed to ‘copy & paste’ from one system to another or manually input values. Instead your data must follow a fully digital journey starting with the export from your own system through to the VAT return itself, which is exactly what our MTD Bureau delivers.
Where you need to use spreadsheets, including for a VAT Groups, Partial Exemption calculations or your accounting software doesn’t include a built-in VAT return filer you will need a safe, simple and cost-effective MTD solution. Our MTD Bureau is ideal.
Our system provides a cost-effective, seamless, end-to-end digital process from importing your system data through to submitting the return to HMRC.
As you cannot copy and paste or manually insert data, your return preparation process must link and be free from the risk of a manual error, making it vital that you have the right support, processes and software in place.
Our hosted bureau is a super-flexible portal that :-
- Handles your data confidentially and safely, and
- Allows for your VAT return build-up and filing to be within a digital wrapper that meets HMRC’s requirements.
So the whole thing is digital ‘nose-to-tail’ providing a great, cost-effective solution even for VAT Groups and Partial Exemption calculations.
Who would benefit from MTD VAT Bureau?
A
Non-UK organisations using spreadsheets to isolate UK transactions
B
Companies or VAT Groups using bespoke software without a built-in MTD tool
C
Charities or for partial exemption where adjustments are needed
Our Service
You can choose how much of the return process is handled by AVS, the three key steps are:
1. You export your UK trade data from your system and import into the MTD Bureau;
2. AVS reviews your data, raises queries and creates a draft return through to the approval stage, and
3. You can then choose to authorise the return before AVS submits your VAT return.
The best bit is that we can work with your existing report formats so that you do not have to change your system. Our MTD wrapper will be tailored to suit you so that your documents can very easily be imported. After all, keeping it simple avoids confusion and helps to prevent mistakes which is always a good plan.
Contact our experts today or simply call +44(0)1438 716 176 if you need help.
Or by email to melanie.lord@avsvat.com for an introductory, no obligation discussion
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