<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WTMQ4QSL" height="0" width="0" style="display:none;visibility:hidden" title="gtm-frame"></iframe>Guide to understanding Making Tax Digital (MTD)
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What Making Tax Digital is

Making Tax Digital (MTD) is a government initiative to make it easier for businesses to get their tax right. 

As part of MTD, HMRC requires all VAT-registered businesses to keep records digitally and file their VAT Returns by following the Government’s MTD process with MTD compliant software to help avoid errors.

You can file your VAT Return through Zempler Online Banking. Our Making Tax Digital VAT Returns tool is HMCR-recognised and free for business account customers and business credit cardholders.

Making Tax Digital steps

FAQs

  • Information on how to get VAT registered is available on the GOV.UK website

  • As part of your VAT Return submission, we extract the nine box VAT Return figures from your spreadsheet and send those to HMRC with your approval. HMRC do not receive your spreadsheet.

  • This tool is ideal for business owners who need to submit their VAT returns, particularly those who don't use accounting software or an accountant to help file their VAT returns. You need to have a Zempler Bank business account or business credit card to use the VAT Returns tool - it's available in Online Banking at no extra cost.

  • This tool is ideal for business owners who need to submit their VAT returns, particularly those who don't use accounting software or an accountant to help file their VAT returns. You need to have a Zempler Bank business account or business credit card to use the VAT Returns tool - it's available in Online Banking at no extra cost.

    Zempler Bank has integrations with a range of bookkeeping and accounting software, including Quickbooks, Xero, FreeAgent and more. You can connect your Zempler account through your accounting software provider.



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