Making Tax Digital (UK)

  • Prophet is ready for Making Tax Digital

  • 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.