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Cheap MTD compliant software.

Any reccomendations?

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Looking for some good value for money MTD compliant software for our older clients who will not appreciate or pay for cloud-based subscription apps, and where our fees are predicated on not absorbing the cost of new software.

I'm looking for either stand-alone or cloud solutions.

Apparently, VT Transactions+ won't be compliant, except maybe through some unspecified third party products.

Any recommendations? Pitches from developers are appreciated, but please be straightforward about who you represent.

Thanking you all!

Replies (19)

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By Tim Vane
08th Jun 2018 17:28

Jeez. Why not make a tiny bit of effort to use the forum properly and actually read a few of the previous answers. This has been done to death in the last few days.

Most of us are carrying on using VTT+, as it is expected to be perfectly compliant once the tax software providers deliver the required bridging software.

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Replying to Tim Vane:
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By ShayaG
08th Jun 2018 17:33

I never buy based on vague promises. Least of all promises premised on unspecified third parties. Doesn't remotely work for me.

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By Tim Vane
08th Jun 2018 17:41

So try out some of the bridging software already available. I suspect the current software will not be the best and that better options will come along in due course. You seem to be asking people to recommend based on personal experience when the people who can be bothered to waste time on the MTD trial will all be on vendor beta programs and will be hand-selected by those vendors to ensure they are suitable. That's not exactly an independant recommendation. Surely you are better waiting until the options are made available. Of course most of the software houses are not wasting too much resource delivering solutions yet - once bitten by HMRC and twice shy. I for one am doing precisely nothing until I am 100% certain this whole ridiculous debacle isn't going to fade away like the last one.

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Replying to Tim Vane:
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By ShayaG
11th Jun 2018 09:50

Sorry, what bridging software?

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By ireallyshouldknowthisbut
08th Jun 2018 17:45

Assuming you are talking about full MTDfb, apart from a minor headscratch as your assumption its going to happen, For desktop, id suggest a copy of excel for small clients if you don't like VT.

Fully MTD compliant last time i looked.

You just need to hook it through something else to spit low quality data at HMRC's servers every 3 months, before ditching that rubbish and doing it properly later on.

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Replying to ireallyshouldknowthisbut:
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By ShayaG
11th Jun 2018 09:48

Excel on its own isn't even partially MTD compliant by virtue of having no organic means of communicating with HMRC servers electronically. There may be some plug ins to achieve this but nobody has yet named a single one.

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Replying to ShayaG:
By ireallyshouldknowthisbut
11th Jun 2018 10:59

Hmm. I don't think you have a clue what you are talking about.

You seem to be conflating underlying record keeping software (massive big thing you use all day to record transactions) with the ability to ping over a few lines of data to HMRC. (once a quarter filing activity)

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Replying to ireallyshouldknowthisbut:
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By ShayaG
11th Jun 2018 12:10

The new MTD rules require that everything from the underlying data to the cheap thing pinging data to HMRC, talks to each other electronically (digitally linked).

If there is one take away message from MTD it is this - you will not be allowed to type summary totals into submissions software.

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Replying to ShayaG:
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By WhichTyler
10th Apr 2019 15:47

No but you can link from the bridging spreadsheet to your VAT return spreadsheet (extracted from the accounting software of your choice) and submit

There are tons of free bridging software available; if you prefer a big brand, PWC do one for the princely sum of £90

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By ShayaG
11th Jun 2018 09:47

Could you name names? VTT+ isn't naming the developers working with it on the bridging software; neither is anyone else on this thread.

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By [email protected]
13th Jun 2018 17:41

I'm an accountant and I recently made available my own bookkeeping app which runs in Excel. It complies with MTD insofar as the new record keeping requirements (for example, properly recording adjustments to the VAT return). I'm taking a wait and see approach as regards submissions to HMRC but in its current form it's great for small, simple businesses.

It's called Tabular and costs £25 per year but can be used without a licence for the first 100 transactions. Please check out my site:

www.tabular.org.uk

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Replying to [email protected]:
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By skirkpatrick
22nd Jan 2019 13:55

£25 pa sounds worth checking out, but that link is dead!

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By [email protected]
05th Feb 2019 10:17

At Pronet Global we have developed a simple to use windows desktop excel bridging application, which reads your spreadsheet data digitally, and lets you submit your return to HMRC. Fully MTD compliant and approved by HMRC for VAT.

http://www.vatmtd.co.uk

£29 + VAT - Annual Business User License
£79 + VAT - Annual 10 Client Agent License (£5 + VAT per additional Client)

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Replying to [email protected]:
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By DH242
01st Mar 2019 16:13

I don't see you as listed on HMRC's list of suitable software.... https://www.gov.uk/guidance/find-software-thats-compatible-with-making-t...

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By jeremypeet
03rd Apr 2019 19:11

I work at a 'small business' and have, until now, happily used the HMRC portal to submit our VAT figures.

We are like the vast majority of businesses - who are very used to this mechanism for submitting VAT returns and do not want to sign up for solutions which may not suit how they have operated for many years.

With this in mind we have written a totally Free, HMRC recognised MTD VAT portal which will allow users to continue to submit figures in the way they have been used to.

We do not ask for any sort of registration or sign-up and have made the software Free for anyone to use. Just need to sign-in with your Government Gateway account credentials at https://vat.portico.openanswers.co.uk - or search for Portico on the HMRC Find software for Making Tax Digital for VAT page.

I hope that people find this useful.

Cheers, Jeremy

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Replying to jeremypeet:
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By Cheshire
03rd Apr 2019 19:49

Nothing beats self recommendation.

On an old post as well.

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Replying to Cheshire:
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By jeremypeet
03rd May 2019 11:50

Also recommended on Elaine Clark's blog. Elaine is a contributor to BBC Radio 4 Moneybox.
https://www.cheapaccounting.co.uk/blog/index.php/complying-with-making-t...

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Easy MTD VAT
By EasyMTDVAT
10th Apr 2019 15:32

I realise I'm late to the game, but consider me a super sub...

If you're looking for inexpensive bridging software then please take a look at our solution, Easy MTD VAT. You can use it to view VAT obligations, liabilities and payments for free and we only ask for payment when you submit a VAT return - which costs as little as £0.99.

Easy MTD VAT reads VAT figures from Excel spreadsheets and CSV files and submits them digitally to HMRC in compliance with Making Tax Digital for VAT. It works on any Windows platform, has a tiny footprint and is perhaps one of the simplest "installed" bridging software solutions available.

You can learn more and download it from https://easymtdvat.com

I hope you find it useful.

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