IRIS Standalone VAT Filer
Since the HMRC online tool for submitting VAT returns is not MTD compatible and cannot be used for businesses with a turnover above the VAT threshold from April 2019 onwards, we have released a new module that will allow you to continue making these submissions on behalf of your clients and remain compliant.
This new product is what HMRC are referring to as 'bridging software'. It is not a replacement to bookkeeping software but a tool that allows for the import of VAT values from either a CSV file or clipboard and transfers them on to HMRC via their new MTD API’s. Allowing for the continued use of spreadsheets where necessary.
IRIS VAT Filer will automatically connect and retrieve any previous MTD submissions and current obligations for the selected client direct from HMRC. The product also retrieves any liability and payment data directly from HMRC for the client and displays this information on screen, so that it’s easy for you to track what is due and what is still outstanding for your client.
The IRIS Standalone VAT Filer is available to new corporates and practices
For more information on the functionality in the VAT Filer, click here.