Making Tax Digital for VAT

Note:

This topic is for NetSuite accounts that use the Tax Reports (International) page to generate the United Kingdom VAT100 Return. If you are using the Country Tax Report page, see Making Tax Digital.

Effective on April 1, 2019, United Kingdom VAT-registered businesses with a taxable turnover above the VAT threshold must comply with the Making Tax Digital (MTD) system. With MTD, companies are required to keep and maintain digital records, prepare VAT Returns, and digitally submit the VAT100 Return through the VAT (MTD) API.

In NetSuite, United Kingdom VAT-registered companies can use the Making Tax Digital for VAT feature to keep their VAT records digitally, generate VAT Returns, and submit it online to His Majesty's Revenue and Customs (HMRC).

Note:

To use this feature, your NetSuite account must have the International Tax Reports installed.

• Making Tax Digital for VAT Overview and Setup

• Submitting MTD VAT Returns to HMRC

• Submitting an MTD VAT Return in a CSV File

• Viewing Submission History of United Kingdom MTD CSV Files

• Viewing Previously Submitted MTD VAT Returns

• Viewing the MTD VAT Return Submission History

• Handling MTD VAT Return Submission Errors

• Exporting a United Kingdom VAT Return to Excel

• Sending of MTD Anti-Fraud Headers

Related Topics

International Tax Reports

Creating Tax Codes - United Kingdom

Setting Up Tax Filing for United Kingdom

United Kingdom VAT100 Tax Report

EU Sales List for United Kingdom

Intrastat Report for United Kingdom

Sales and Purchase Reports Grouped by Tax Code

General Notices