In what can only be described as a momentous achievement for Intuit, QuickBooks, the world’s leading online accounting software provider, has submitted its first Making Tax Digital (MTD) VAT filing to HMRC – through QuickBooks Online on 15th May 2018.
Dominic Allon, Vice President and Managing Director of Intuit Europe said ‘There has been a lot of talk about Making Tax Digital, but with the official roll-out fast approaching it’s crucial that we offer a simple, fast solution to help accountants file their taxes digitally. We’ve been working closely with HMRC, taking part in workshops, insight sharing sessions and hackathons to ensure the product is developed in line with the VAT requirements set by HMRC, and to make life easier for our customers.’
QuickBooks is set to continue working closely with all its stakeholders – government, accountants and small businesses – to ensure that it fulfils its ongoing commitment to deliver a best-in-class experience for individuals and organisations that wish to file tax digitally.
For more information on how QuickBooks Online can help your business be ready for MTD, please contact us.