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

Making Tax Digital VAT software

HMRC’s Making Tax Digital (MTD) has introduced significant new rules for how most corporations prepare and submit their VAT returns. MTD for VAT focuses on three key requirements:

  • Digital record keeping – storing all transactions in electronic format
  • 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

Thomson Reuters ONESOURCE Indirect Tax Compliance fully supports the requirements of MTD. It is an HMRC approved software package provider that allows you to keep digital records and submit VAT returns.

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.

ONESOURCE Indirect Tax Compliance has supported nearly 150 businesses across their 4,800 UK VAT registrations to successfully file with HMRC 8,500 MTD compliant VAT returns to date. Download brochure

How ONESOURCE transforms your VAT process

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