As a firm we have a bridging software solution to offer to our clients via CCH OneClick (a Wolters Kluwer product).
There are a large number of bridging products available, including one from QuickBooks.
A list of compatible Bridging products can be found on HM Revenue & Customs website at:
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Subscribe to our newsletterWhen MTD for VAT came into effect in April 2019, it introduced the requirement for VAT registered businesses with a turnover above the VAT threshold to keep the records in a digital format and submit their VAT returns via software.
Making Tax Digital (MTD) for VAT makes it mandatory for most VAT Registered businesses to keep electronic records and submit VAT Returns through compatible software. This commences from the first VAT period starting on or after 1 April 2019.
Record payments based on supplier statements rather than invoices Historically, businesses have been required to record every single purchase …
