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.
For businesses using software that isn’t MTD compatible, i.e. can’t file directly to HMRC under the new MTD route, including those using excel, you will require a ‘bridging’ solution.
Bridging software is simply a piece of software which acts as an intermediary between your electronic records and HM Revenue & Customs.
For an annual cost of £52 + VAT, we are able to offer OneClick - an online bridging platform to enable you to submit MTD compliant VAT returns.
For more information or to sign up for OneClick please email mtd@streetsweb.co.uk
Please note that the activation email will come via an ‘Accountspace’ email address, your user name will be your email address and your activation code will be your 6 digit Streets client reference number.
