Making Tax Digital (MTD)
Making Tax Digital (MTD) is a key part of the government’s plans to become one of the most digitally advanced tax administrations in the world.
From April 2019, VAT registered businesses over the £85,000 threshold must submit their VAT returns to HMRC digitally. The latest version of Sage 200cloud (Spring 2018) has this built in functionality.
Your annual Sage 200 Services charge already entitles you to the latest Sage 200cloud update without any additional software costs. An upgrade is recommended. For an installation quote, please contact us as soon as possible so that we can help you. Upgrades will be performed on a first come, first served basis.
If you choose not to upgrade prior to the MTD deadline, Sage has created an MTD add-on module to make your current Sage 200 version MTD capable, pending an upgrade. Please contact us for subscription pricing and installation charges, which will vary depending on version and date of implementation.
If you do not upgrade, or opt for the Sage MTD add-on, Sage will consider your system unsupported, resulting in additional Sage 200 Services charges at each renewal after April 2019.
To discuss your options in more detail, please call us on 01604 655900 or contact us here