Digital tax reporting for UK VAT registered companies

HMRC, the UK government tax service, has implemented a move to digital tax through the 'Making Tax Digital' (MTD) programme. This site is dedicated to signposting resources for UK small and medium sized enterprises.

The key implication of Making Tax Digital is that, from 1st April 2019, all VAT registered businesses must record and submit VAT transactions electronically; your first full VAT period containing transactions after 1st April 2019 must be digitally submitted.

For example, if your VAT period is 1st April 2019 to 30th June 2019, your first digital submission must be made by 7th August 2019. However if your VAT period covers 1st February to 30th April, the first VAT period that will require digital submission will be the following period, being 1st May 2019 to 31st July, submitted by 7th September 2019.

To find out more about MTD, see our frequently asked questions.

Read on to find out what you need to do or get in touch using the contact form at the end of the page - your suggestions and additions are welcome.

Odoo accounting system

OpusVL are the developer for the Odoo Community modules which enable UK Making Tax Digital to operate seamlessly with the open source Odoo ERP versions 8 to 12. Visit our Odoo MTD page for more details of the modules and how to get them.

Other ERP and accounting systems

If you use another common UK ERP or accounting system, visit our accounting systems page for signposting and information.

Micro-businesses

For smaller businesses who operate using spreadsheets, there are a variety of spreadsheet solutions available - see our micro-business resources page.