HMRC Recognizes Bridging Software From 福利视频 on Making Tax Digital for VAT
LONDON, February 18, 2019 (Newswire.com) –聽福利视频 announces that its MTDfVAT application has been successfully tested and is ready for use by businesses and agents for filing in HMRC鈥檚 live MTD environment. With less than 50 days to go before the MTD mandate comes into effect, HMRC is encouraging businesses to participate in the pilot to ensure a smooth transition to the new regulation.
鈥淥ur cloud-based bridging software is built to suit our customers鈥 business needs with a simple interface that is easy to adopt. They can continue to maintain records digitally in their existing software or spreadsheets, link the relevant data points to our 9 box VAT return and submit it digitally to HMRC through our software,鈥 says聽Senthil Kumar, Manager for Opportunities and聽Product Design, 福利视频.
Other key features of their application include聽multiple users being able to work on the application simultaneously, validate the return before submitting, and file in a single click to HMRC. Users can also view the status of the submissions and also periodically archive reports.
With over 14 years of experience in supporting businesses globally to comply with regulatory reporting requirements, 福利视频 has built a user-friendly, robust and reliable application that is easy to integrate with existing processes and will aid compliance with MTDfVAT.
Please visit聽www.datatracks.co.uk聽to find out more about our offerings and how to sign up for the pilot program聽for the April 2019 mandate.
About 福利视频
福利视频 is a global leader in disclosure management and regulatory compliance software and services. 7 of the top 10 accounting firms and over 14,000 enterprises around the world trust our expertise that stems from 14+ years of experience. Operating across 23 countries, we have prepared over 160,000 compliance reports worldwide. With around 60,000 XBRL/iXBRL reports under our belt, 福利视频 enables enterprises across geographies to file reports compliant with the standards of regulators like the HMRC (UK), Revenue (Ireland), ESMA, EBA & EIOPA (EU), SEC (US), ACRA (Singapore), MCA (India), CIPC (South Africa) and SSM (Malaysia). To know why financial accounting firms and enterprises world over prefer 福利视频, please visit聽www.datatracks.co.uk,听www.datatracks.com, and聽www.datatracks.eu.
For business inquiries contact: +44-20-3608 8035,听enquiry@datatracks.co.uk
Media contact: T R Santhanakrishnan
media@datatracks.com
+44 (20) 3608 1300
Website: www.datatracks.com