Making Tax Digital (UK)

• Prophet is ready for Making Tax Digital (UK)

• Prophet is recognised by HMRC for submission of digital VAT returns

What is Making Tax Digital?

• Making Tax Digital for business (MTDfb) begins for VAT accounting periods that start on or after 1 April 2019. From that date, VAT-registered businesses above the threshold of £85k will have to keep digital records and submit VAT returns using compatible software.

• Please see the following link for details

  https://www.gov.uk/guidance/help-and-support-for-making-tax-digital

  For more detailed information on implementing MTD for your Prophet based business please login to your customer support page.