"Making Tax Digital" (MTD) requirement for VAT processing

SyteLine includes support for the United Kingdom’s “Making Tax Digital” (MTD) requirement. Your company can maintain VAT records, receive VAT obligations from HMRC, verify and amend VAT calculations, and submit VAT Returns to HMRC, all through SyteLine forms.

Note: In SyteLine versions 8.03.x and 9.00.x, the links to the external HMRC servers can only be used in the smart client and not the web client.

In all versions, the links currently only work in an environment that does not include Infor Ming.le.

Companies in the UK submit VAT Return reports to the government either monthly or quarterly. The report records how much VAT on sales your company must pay to the government, and how much VAT you have paid on business-related purchases, which you can reclaim.

Keeping records digitally and providing updates to HMRC directly from the application reduces avoidable errors and integrates taxing into your daily processes. It also allows you to view your current VAT liabilities and the history of VAT payments.

If you use SyteLine to calculate and report VAT in the UK, and your company will use MTD, see Using MTD to process VAT obligations and liabilities.

If your company is using an external tax interface solution such as Avalara-AvaTax or Vertex, contact that tax software company to identify the MTD process that you should follow.