Today I filed my company VAT return as part of the MTD Pilot and have decided to report my findings to you. I used TaxCalc VAT filer which was simple and effective.
This process was not without some degree of pain due to issues arising from the HMRC VAT/MTD system. This involved multiple phone calls and emails over the last few months that get acknowledged but never actioned. It is very difficult to get through to any HMRC representative that understands what is going to happen when the switch over happens and even harder to get help on the Pilot. I still have unanswered questions.
It also did not help that the original Software that I tried to use, which bills itself as “MTD Ready” was unable to submit under MTD. Yes they are one of the Big Players and yes they are HMRC Recognised (https://lnkd.in/ga68Sk6). Even more surprising is that they have stated to me that they have no intention to provide MTD services for businesses that are not mandated to do so. Therefore if your turnover is less than £85,000 per year and you volunteer for MTD you will be disappointed in the near future.
If you need help – I’m only a phone call away!