Is my software compliant with Making Tax Digital?

Summary

How to check if your Sage 50 Accounts software is compliant with Making Tax Digital (MTD).

Description

MTD became mandatory from April 2019 for most UK businesses with a VATable turnover above the VAT threshold.

From April 2022, this was extended to all VAT registered businesses, including those who are voluntarily VAT registered with a VATable turnover below the VAT threshold. Under MTD you submit your VAT Returns through your accounts software. 

Check if your software is MTD ready

To be MTD ready, you must be using Sage 50 Accounts and have v24.2 or above installed.

It's easy to check this in your software, all you need to do is click Help then click About and note the following:

  • Under Program Details, note the Version Number.
  • Under Licence Information, note the Serial Number and Account Number.
    TIP: If no account number appears, or the account number is unknown you can find this on correspondence you've received from us, such as an invoice or a sales confirmation email. 

Enter the details below and click Check now.



Solution Properties

Solution ID
200427112501608
Last Modified Date
Mon Aug 15 10:37:35 UTC 2022
Attributes
Product Details
Modules: Making tax digital
Modules: Tax
Modules: VAT
Views
0