Making Tax DigitalStay compliant with our future-proofed MTD VAT software for corporations

Making Tax Digital VAT software

Making Tax Digital (MTD) is shifting focus to VAT reporting from April 2019 and introduces significant new rules for how most corporations will submit their returns. MTD for VAT focuses on three key requirements;

  • Digital record keeping – storing all transactions in electronic form
  • Digital links – having a digital link between final numbers and source data
  • Digital submissions - all submissions must be made using appropriate software via HMRC’s new gateway

Find out more about the impacts of Making Tax Digital for VAT in our recorded webinar.

Thomson Reuters ONESOURCE Indirect Tax Compliance fully supports the requirements of MTD. We are working closely with HMRC through their pilot period in the lead up to the new rules coming into effect in April 2019.

ONESOURCE gives you much more than simply being compliant with MTD. ONESOURCE also delivers significant process improvements and robust risk management – giving you full confidence in your VAT operations for MTD and any future regulations.

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How ONESOURCE transforms your VAT process

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