Here is simple MTD VAT submission software created exclusively for UK businesses. In simple 3 clicks you can submit your VAT returns to HMRC. TopNotepad is HMRC recognized invoicing, accounting and VAT submission software. You can create VAT compliant invoices, record expenses, purchase bills and submit VAT returns online quickly.
The initiative of making tax digital aims to make tax administration more effective, more efficient and simpler for taxpayers. The VAT submission software is allowed to directly communicate with HMRC servers via API for submitting tax returns. With MTD books are directly integrated with taxes which would significantly reduce the errors in VAT submission as there is no manual calculation involved and auditing would become very easy.
The software not only serves as a tool to store digital records of all the transactions but also serves as a single source for creating, compiling and submitting statutory reports.
Here are all the features of TopNotepad’s VAT submission software:
- Manage Inventory, track available units and set re-order levels
- Create professional estimates and quotes
- Issue VAT complaint invoices
- Track client Payments
- Record expenses
- Record purchase bills
- Manage vendor payments
- Create credit note
- Submit VAT returns
- Other reports
HMRC has allowed businesses to submit MTD VAT returns via bridging software for limited period of time. This phase is called soft landing. At the end of this period all the VAT registered businesses are required to use HMRC recognized VAT invoicing, accounting and returns submission software only.
This VAT submission software supports most of the VAT accounting methods:
- Standard VAT accounting
- Cash VAT accounting
- Flat rate VAT accounting
When you connect to HMRC via the software it returns all the open VAT obligations during the period and lets you submit the VAT returns instantly.
The initiative of making tax digital aims to make tax administration more effective, more efficient and simpler for taxpayers. The VAT submission software is allowed to directly communicate with HMRC servers via API for submitting tax returns. With MTD books are directly integrated with taxes which would significantly reduce the errors in VAT submission as there is no manual calculation involved and auditing would become very easy.
The software not only serves as a tool to store digital records of all the transactions but also serves as a single source for creating, compiling and submitting statutory reports.
Here are all the features of TopNotepad’s VAT submission software:
- Manage Inventory, track available units and set re-order levels
- Create professional estimates and quotes
- Issue VAT complaint invoices
- Track client Payments
- Record expenses
- Record purchase bills
- Manage vendor payments
- Create credit note
- Submit VAT returns
- Other reports
HMRC has allowed businesses to submit MTD VAT returns via bridging software for limited period of time. This phase is called soft landing. At the end of this period all the VAT registered businesses are required to use HMRC recognized VAT invoicing, accounting and returns submission software only.
This VAT submission software supports most of the VAT accounting methods:
- Standard VAT accounting
- Cash VAT accounting
- Flat rate VAT accounting
When you connect to HMRC via the software it returns all the open VAT obligations during the period and lets you submit the VAT returns instantly.