HMRC Recognizes Bridging Software From DataTracks at Making Tax Digital 4 VATPR Newswire #Entertain_MentFebruary 18, 2019
LONDON, Feb. 18, 2019 /PRNewswire/ — DataTracks announces that its MTDfVAT application has been successfully tested and is ready for use by businesses and agents for filing in HMRC’s live MTD environment.
With less than 50 days to go before the MTD mandate comes into effect, HMRC is encouraging businesses to participate in the pilot to ensure a smooth transition to the new regulation.
They can continue to maintain records digitally in their existing software or spreadsheets, link the relevant data points to our 9 box VAT return and submit it digitally to HMRC through our software,” says Senthil Kumar, Manager for Opportunities and Product Design, DataTracks .
Users can also view the status of the submissions and also periodically archive reports.
With over 14 years of experience in supporting businesses globally to comply with regulatory reporting requirements, DataTracks has built a user-friendly, robust and reliable application that is easy to integrate with existing processes and will aid compliance with MTDfVAT.
Please visit www.datatracks.co.uk to find out more about our offerings and how to sign up for the pilot program for the April 2019 mandate.
DataTracks is a global leader in disclosure management and regulatory compliance software and services.
Operating across 23 countries, we have prepared over 160,000 compliance reports worldwide.
With around 60,000 XBRL/iXBRL reports under our belt, DataTracks enables enterprises across geographies to file reports compliant with the standards of regulators like the HMRC (UK), Revenue (Ireland), ESMA, EBA & EIOPA (EU), SEC (US), ACRA (Singapore), MCA (India), CIPC (South Africa) and SSM (Malaysia).
To know why financial accounting firms and enterprises world over prefer DataTracks, please visit www.datatracks.co.uk , www.datatracks.com , and www.datatracks.eu .