MTD 4 VAT is a MTD for VAT software very easy to use for all VAT-registered businesses who do not need an accountant or bookkeeper and it is currently under development aiming to become a HMRC-Recognised software at an affordable price.
It is now mandatory for all VAT-registered businesses to keep VAT records and submit VAT Returns using compatible software.
With MTD 4 VAT, you will be able to:
- maintain digital records and be able to export them, if necessary
- submit VAT returns
- retrieve VAT obligations
- view returns submitted up to four years previously
- retrieve VAT liabilities
- retrieve VAT payments
- retrieve details of the penalties that have been applied to a VAT account
- retrieve the financial details relating to a penalty
- retrieve VAT customer information to see the customer’s effective date of registration for VAT and also check whether the customer has entered the VAT Flat Rate Scheme.
It is important to note, to protect your privacy, this software does not store any of your personal or financial data in our systems. The only data the software stores in the servers is your email, password (encrypted) and VAT registration number to allow the login.
The software only stores the digital records in your device and can be exported or deleted at any time.