We have solutions for both MTD for income tax and MTD for VAT
MTD for Income tax
Our MTD for income tax solutions cover all stages from periodic quarterly transmissions to end of year adjustments and then on to entering other income such as dividends and capital gains through to the finalsisation process. You can also take a hybrid approach using different software for periodic transmissions.
Digital Record Keeping
Under MTD it is necessary to keep your records digitally. This could be in an a bookkeping package or in a spreadsheet like Excel
You must keep all the transactions electronically but it is just the totals that are imported and transmitted.
Below are some example spreadsheets. These, and more, can also be accessed via the help tab in the software. The layout of the spreadsheets are entirely up to you. We just require the appropriate totals are labelled so that our software can find them.
Click here to download a sample excel spreadsheet suitable for self employed income
Click here to download a sample excel spreadsheet suitable for property (landlord) income
Click here to view a video about the spread sheet format
Click here to view a video of the transmission process
MTD for VAT
We have a number of solutions ranging from bridging software that will allow you to transmit data prepared in other packages such as excel, sage or VT transaction. This complies not only with the current regime but after the soft landing period has ended.We also have bookkeeping software ranging from simple income expenses that can run on a smart phone to more comprehensive package with migration facilities from Sage.
All the software is both in the form of traditional desktop or as web based cloud versions.
Click here to see a brief screen video showing import and transmission of Sage 50 data
Click here to see a brief screen video showing import and transmission of excel data
Click here to download a sample excel spreadsheet suitable for transmission
Installing and paying
Click here to download the software. You will be able to import and transmit to a demo service. After paying you will be able to transmit to the live service.
| MTD Bridge | £40+VAT |
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PayPal process all our payments but you do not have to have a PayPal account. If you are having difficulty paying without opening an account for step by step instructions
After completing the transaction press the “return to Forbes website” button and your unlock code will come up on screen.
You will also receive a confirmation email from Paypal followed by another 3 – 15 minutes later with your unlock code, download instructions and some common questions.