TAX MANAGER FOR TASBOOKS
MAKING TAX DIGITAL (MTD)
MAKING TAX DIGITAL (MTD)
From April 2019, businesses with a turnover above £85,000 per year will have to submit their VAT returns online using approved commercial software.
There will be a 12-month ‘soft’ period in which HM Revenue and Customs (HMRC) will not impose financial penalties against those businesses that do not fully comply with the legislation.
It’s all part of the government’s plans to make it easier for individuals and businesses to manage their taxes. It’s called Making Tax Digital (MTD).
In time, you will submit income tax and corporation tax returns online too. These plans are on hold at the moment.
HELPING YOU AND YOUR BUSINESS WITH MTD
Tax Manager from Infoplex lets TASBooks users submit their tax returns online using our HMRC-recognised bridging solution.
It’s been developed to simplify the Making Tax Digital MTD compliance process for everybody – from bookkeepers and small businesses to accountants and large enterprises.
MAKING TASBOOKS DIGITAL
All of the data that you need to send to HMRC for Making Tax Digital MTD already exists. It’s in your TASBooks database. The problem is accessing that information and using it. That’s where Tax Manager can help.
Tax Manager extracts the data from TASBooks that you need to send to HMRC. Next, it creates a simple spreadsheet that contains this data. All that you have to do is upload the spreadsheet to our HMRC-recognised bridging solution and press ‘Submit’.
Our HMRC-recognised bridging solution is simple to use and features a collection of rules that will help you to validate your data before you submit your tax return.
Tax Manager for TASBooks costs £199 + VAT (one-off cost).
There is an annual charge of £49 + VAT for essential maintenance and support.
Yes, you can. Tax Manager is designed to work with any recent type of TASBooks licence to help you comply with Making Tax Digital (MTD). To find out how much Tax Manager will cost your practice, please call 01592 598101 or fill out the form below to register your interest.
Tax Manager will be available from 20th February 2019. Due to already high interest in our cloud-based bridging solution, we recommend that you place an order for Tax Manager as soon as possible.
MAKING TASBOOKS DIGITAL