Venn Accounts (TM)

Uncommon Offices,

126 New King's Rd

Fulham

London

SW6 4LZ

Tel:  020 80 882 590

Email:  enquiries@vennaccounts.com

  • LinkedIn Social Icon
  • Facebook
  • Twitter
  • YouTube
  • Instagram

Making Tax Digital

HMRC's MTD for VAT is just the start of digitalising UK businesses.  We'll make sure you never have to worry about MTD now and in the future.

 
Register for our weekly newsletters, updates and offers....

Why use Venn Accounts for Making Tax Digital?

What is Making Tax Digital?

Businesses including landlords and self-employed persons from April 2019, with a turnover that exceeds the current VAT registration threshold will be required to:

  • keep VAT records digitally

  • submit VAT return information to HMRC using MTD compatible software, like XERO.

Businesses will be required to submit their VAT return information to HMRC using MTD-compatible software (XERO). The VAT return information will be generated by extracting information from the electronic records. 

With XERO you can comply with MTD

XERO's online accountancy software:  

  • keeps your records in a digital form as required by the regulations

  • preserves digital records in a digital form as required by the regulations

  • creates a VAT return from the digital records held

  • submits your VAT return via its API platform directly to HMRC

How Venn ensures you're Making Tax Digital ready

Venn's specialists will:  

  • Set you up with a XERO account that is MTD ready

  • Process your Bookkeeping records to ensure you submit accurate and compliant VAT returns

  • Act as your VAT agent so that we can act on your behalf in case HMRC inspect your returns

XERO SET UP FROM £350 & VAT RETURN FILINGS FROM £220 + VAT