Is your finance solution Making Tax Digital for VAT compliant?


Making Tax Digital for VAT (MTDfV) is a new legislation coming into force for the majority of businesses in April 2019. It means that any VAT-registered organisation with a taxable turnover above the VAT registration threshold will be required to keep digital VAT business records. It involves sending returns using MTDfV compatible software for VAT periods starting on or after 1st April 2019. Some organisations including smaller not-for-profits have until October 2019 to comply.

As VAT returns are typically produced within your finance system, you need to ensure that your current solution is MTDfV compatible. As a supplier of Microsoft Dynamics 365 solutions, if you are a user of Dynamics 365 Business Central, you automatically have  MTDfV compliant functionality and will not need to take any further action. If you use later versions of Microsoft Dynamics GP, these will also become MTDfV compatible with the February 2019 hotfix from Microsoft, which includes versions 2016/2016R2 and 2018/2018R2.

For users of older versions of Microsoft Dynamics GP, including v10, 2010, 2013, 2015 and 2015R2, it is likely that your version will not be supported by Microsoft to become MTDfV compliant. But don’t worry as there are options open to you that we can support with.

Option 1:
If you are on a pre 2016 version of Microsoft Dynamics GP, our recommendation is to upgrade to a new, MTDfV compliant version as soon as possible.

Option 2:
If you are unable to upgrade your older version of Microsoft Dynamics GP to an MTDfV compliant version at this time, we have developed a solution specifically for you. Our software provides Microsoft Dynamics GP users of versions v10 to v2015 with the necessary functionality to transmit the required end-of-period VAT return values to HMRC in a manner compliant with MTDfV directives.

Features of our MTDfV solution:

  • It’s been specifically designed for Microsoft Dynamics GP
  • It enables compliance with legislative requirements
  • It disables deprecated functionality in Microsoft Dynamics GP
  • It provides a full audit trail / history of VAT submissions                               :<
  • It supports group VAT submissions (not currently supported by Microsoft in the February 2019 hotfix for versions 2016/2016R2 or 2018/2018R2)
  • It does not require bridging software                                                     :<
  • Full training can be provided


If you’d like to find out more about our MTDfV solution, here’s what you need to do next:

Step 1: Complete our survey and answer a few simple questions about your current version of Microsoft Dynamics GP and VAT processes.

Step 2: Submit your completed survey.

Step 3: Once submitted, one of our Account Managers will be in touch to discuss your requirements further.




Request a link to our on demand webinar

An introduction to the m-hance MTDfV solution for Dynamics GP