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Making Tax Digital (UK)

Making Tax Digital (MTD) is an initiative by the UK Government to enable organisations in the UK to file their VAT returns electronically direct from their accounting software.

As of version 8.1.6, MTD is incorporated into MoneyWorks as an additional step after you have finalised your VAT Report. The results of the latest finalisation are displayed, and can be uploaded direct to HMRC by clicking the Submit button. Additionally previous returns can be displayed, as can your obligations, payments and liabilities.

When you first use MTD, MoneyWorks will prompt you to login to your Government Gateway account so you can grant MoneyWorks access to view and update your VAT details at HMRC.

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You will need to successfully navigate this login process before you can use MTD in MoneyWorks.

The VAT Guide and MTD Using MTD in MoneyWorks