From the 1st April 2019, all VAT registered businesses with a turnover greater than the VAT threshold must keep their VAT records electronically. VAT returns must also be electronic and HMRC do not allow manual copying of the return data to HMRC's systems. All transfers from your electronic VAT records must be electronic.
Having to electronically transfer the data is problematical for spreadsheets and in house systems. mtdvatbridge.uk can be used to submit your VAT returns electronically if you are using a spreadsheet or an in house developed system. mtdvatbridge.uk is exactly that - it forms an electronic bridge between your spreadsheet/system and HMRC's system allowing you to upload your return data without having to manually copy it.
mtdvatbridge.uk accepts spreadsheet data, CSV formatted data and also plain text formatted interchange data. Once you have your spreadsheet prepared, it is a simple task to upload it to mtdvatbridge.uk and make the return.
See the About Page for further information.
mtdvatbridge.uk allows you to continue using your existing system to make your VAT returns. You do not need to go out and buy a new accounting package or pay a monthly subscription for an accounting app.The VAT returns must also be filed electronically and there must be no manual copying of data between forms.
We have been advised that some 'VAT notice of assessment of tax' letters recently sent to Making Tax Digital customers, were issued in error.
If the business has already submitted the VAT return in question and paid the tax due/received its repayment, they can ignore this letter. Customers can check their position using 'HMRC online services', and agents can check this on their clients' behalf by using the 'Manage your client's details' service.
Apologies for any inconvenience this may have caused. The live service issues page will be updated to include this information.