- Original Poster
- #1
The VAT return must be submitted to HMRC via the API. The VAT return is still a nine-box return. The big change is that it’s populated by pulling information from the digital records.
The end-to-end transfer of data has to be digital, but it is not necessary that this all comes from a single software platform. HMRC says that multiple platforms can be used as long as there is a digital link between them.
Where there are adjustments, it’s only totals that are kept digitally, not underlying calculations. If the adjustment requires a calculation, it doesn’t have to be made using software.
Where final VAT return data is held in a spreadsheet, submission will be via bridging software. The process here will involve digitally transferring the spreadsheet data, e.g. by uploading it, into software capable of submitting the information via the HMRC API.
https://www.gov.uk/government/publi...ng-tax-digital-for-vat#digital-record-keeping
The end-to-end transfer of data has to be digital, but it is not necessary that this all comes from a single software platform. HMRC says that multiple platforms can be used as long as there is a digital link between them.
Where there are adjustments, it’s only totals that are kept digitally, not underlying calculations. If the adjustment requires a calculation, it doesn’t have to be made using software.
Where final VAT return data is held in a spreadsheet, submission will be via bridging software. The process here will involve digitally transferring the spreadsheet data, e.g. by uploading it, into software capable of submitting the information via the HMRC API.
https://www.gov.uk/government/publi...ng-tax-digital-for-vat#digital-record-keeping
