2018-05-17 01:59:19 News and Updates English https://djnx69zjp3mvw.cloudfront.net/wp-content/uploads/2017/10/08215910/quickbooks-app-on-mobile.jpg QuickBooks completes its first Making Tax Digital (MTD) tax filing

QuickBooks completes its first Making Tax Digital (MTD) tax filing

1 min read

Intuit QuickBooks, the world’s leading online accounting software provider, has submitted its first Making Tax Digital (MTD) VAT filing to HMRC through QuickBooks Online.

With Making Tax Digital (MTD) for VAT coming into effect from April 2019, the successful beta test and the first clean tax filing through QuickBooks Online represents a significant milestone towards open market availability.

Dominic Allon, Vice President and Managing Director of Intuit Europe said: “There has been a lot of talk about Making Tax Digital, but with the official roll-out fast approaching it’s crucial that we offer a simple, fast solution to help accountants file their taxes digitally. We’ve been working closely with HMRC, taking part in workshops, insight sharing sessions and hackathons to ensure the product is developed in line with the VAT requirements set by HMRC, and to make life easier for our customers.”

QuickBooks will continue working closely with government, accountants and small businesses over the coming months as part of its ongoing commitment to delivering a best-in-class experience for individuals and organisations that file tax digitally.

Customers participating in the beta will be able to share their feedback and improve the experience of filing MTD returns on QuickBooks Online. Over time, more customers will be added to the Making Tax Digital (MTD) beta programme.

 

Helen Furniss, Senior Manager, Sagars said: “Sagars is excited to be part of such a landmark moment. We have known for some time that Making Tax Digital will have a deep and long-term impact on the accountancy sector and to have a front row seat alongside our partners at QuickBooks is amazing.”

 

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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