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Making Tax Digital – Finding the Right Account Software For You

1 min read

Phoebe Adshead
Phoebe Adshead key responsibilities lie in marketing; ensuring that businesses are aware of the products, services and expertise available from The HBP Group.

Who does Making Tax Digital affect?

VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) are now required to follow the Making Tax Digital rules by keeping digital records and using software to submit their VAT returns.

VAT-registered businesses with a taxable turnover below £85,000 will be required to follow Making Tax digital rules for their first return starting on or after April 2022.
 

Find software that’s compatible with Making Tax Digital for VAT

Before you begin following Making Tax Digital rules, you may wish to check which software packages are compatible with Making Tax Digital for VAT.
 

What will you need?

  • a compatible software package that allows you to keep digital records and submit VAT Returns
  • bridging software to connect non-compatible software (like spreadsheets) to HMRC systems

You can use the Government search function to search compatible systems, or find out more about each of the accounts software packages that we provide, including implementation, training and ongoing support, below.