Following the changes to the way VAT returns are submitted, with further regulatory changes anticipated, all UK businesses need MTD compatible software. With those who remain non-compliant risking increasingly larger penalties. Furthermore, businesses operating Making Tax Digital are already reporting wider productivity gains and reductions in input errors.
MTD from Cooper Software is a solution designed specifically for IFS Customers, which is HMRC recognised.
By using IFS Cloud or IFS Applications as your ERP system, customers are already fulfilling the requirement to keep digital records, but IFS itself does not provide any method of direct communication in to HMRC’s online portal. It is this gap that the Cooper Software MTD solution fills.
So say goodbye to spreadsheets and automate your tax returns directly from your IFS solution.
“We use Cooper Software's MTD solution to submit our monthly group VAT return for 3 companies integrated directly into IFS Apps 10. Cooper’s solution is simple to configure, provides a virtually seamless output from IFS and submissions appear in the simplistic MTD portal ready for submission to HMRC. Submissions are therefore as simple as a click of a button on a web page. For us, classic Ronseal!”
Group IT Manager, CML Microsystems Plc
“MTD from Cooper Software makes the submission of VAT returns to HMRC easier, acting as a go between from our IFS ERP solution to HMRC. The new process gives us confidence in terms of reliability of the information provided, MTD is easy to run and enables us to execute much faster.”
Business Improvement Analyst, Farrow & Ball
-
Ensure Full Compliance
Our cloud based solution is HMRC recognised.
-
Avoid Penalties
Submissions will automatically send to our portal ready to submit.
-
Compatibility
Integrated with all versions of IFS from 7.5 to Cloud.
-
Group VAT
Any tax proposal that can be generated in IFS can be submitted via our MTD portal.
-
Reduce Input Errors
Processes trigger automatically to make the submission process simple & quick.
-
Secure
All communication is over secure HTTPS with SSL encryption.
Book a meeting to discuss your requirements
We’d love to talk to you about how Making Tax Digital can make a difference to your business. Please share your details with us and one of our team will be in touch.