What is the Best Tax Software for Managing VAT Returns?

Businesses and agents must master the efficient handling of their VAT return processes. The proper selection of tax software for managing VAT returns helps you to meet all requirements under Making Tax Digital (MTD) rules and stand out as a business at the top. In this article, you will know the 7 best tax software for managing VAT returns along with their features.

 

7 Best Tax Software for Managing VAT Returns

Here are the best tax software for managing VAT returns in the UK.

A Free Mobile MTDVAT

The Free Mobile MTDVAT software serves as an effective platform that ensures compliance for businesses and their agents regarding Making Tax Digital (MTD) for VAT rules. Businesses and agents can use this easy-to-use software to both submit their VAT returns and monitor VAT transactions so they meet all HMRC criteria.

Key Features:

• You can effortlessly submit your VAT returns through the system, which transmits them directly to HMRC without any difficulties.
• Businesses can improve their financial management by viewing previously submitted VAT returns.
• The application displays your complete VAT liabilities for you to handle payment obligations effectively.
• The system allows you to view all your recorded VAT payment history with full transparency.
• The program includes accessibility features that cater to users dealing with blindness, impaired vision, and deafness, along with motor difficulties and cognitive impairments.
• The software provides a free version for users, which can be accessed through their website, where users can find the complete conditions of free usage.

Easy MTD VAT

Easy MTD VAT serves as an advanced bridging software that assists business owners and their agents to streamline their VAT return management process. Through its smooth platform, users can maintain Making Tax Digital (MTD) for VAT standards as well as monitor their VAT-related documentation.

Key Features:

• Through the software, users can easily submit their VAT returns to HMRC.
• Easy MTD VAT allows users to access past VAT return submissions through an online recordkeeping system.
• You can view and handle all VAT amounts that you need to pay through the system.
• Easy MTD VAT provides users with the capability to view their complete VAT payment history records, which helps with financial tracking purposes.

Easy MTD VAT offers businesses and agents a streamlined VAT management tool that functions as a record-keeping system while handling inter-company bridging operations.

ABC VAT Bridge

The user-friendly bridging software ABC VAT Bridge assists users in Making Tax Digital (MTD) for VAT compliance together with its agents. The software enables easy preparation and accurate payment of VAT returns to HMRC.

Key Features:

• The platform enables users to file VAT returns that follow MTD compliance requirements.
• Users should monitor stored VAT return submissions to manage their finances effectively.
• The system enables users to instantly check what VAT liabilities exist while providing tools for VAT payment management.
• A complete log of your paid VAT amounts must be accessible through this system to demonstrate financial transparency.
• Users can access a free version through the company website, where they will find terms regarding that version.

GIDDH VAT Return

The software solution GIDDH VAT Return enables both businesses and agents to handle VAT record-keeping in an advanced manner that allows them to streamline return management processes. Users can handle their VAT transactions accurately through this solution, which maintains complete compliance with Making Tax Digital for VAT rules.

Key Features:

• Through the software, users can directly file VAT returns with HMRC.
• The software enables users to check previously submitted VAT return documents, which remain accessible for future reference.
• VAT liabilities can be checked at any time, followed by appropriate payment management.
• View Submitted VAT Returns allows users to track financial transactions from the previous VAT returns through a secure system.
• Accessibility Features provide support for users who experience blindness and impaired vision together with deafness and motor difficulties as well as cognitive impairments, to ensure inclusivity levels.

Taxuk

The MTD for VAT compliance tool taxuk serves as an efficient bridging solution which helps organisations as well as their agents fulfill VAT requirements. Users can submit VAT returns easily through the software while also accessing tools that simplify VAT transaction management.

Key Features:

• Businesses need to submit VAT returns to HMRC through a straightforward procedure with a few steps.
• The system enables users to access previously submitted VAT returns as a reference point.
• The program represents a tool to verify your VAT obligations, which also provides a simple system to handle your VAT payment responsibilities.
• A clear record of all VAT payments should be accessible through the VAT Payment History function.
• The application features accessibility elements that meet the needs of consumers with vision disabilities along with vision impairment, movement limitations and cognitive limitations in order to provide inclusive access.

99VAT (Basetax)

The multidimensional software solution named 99VAT (Basetax) enables enterprises to handle VAT returns with both record management features and bridging capabilities. The software enables VAT return submissions according to Making Tax Digital (MTD) requirements through accurate and easy procedures.

Key Features:

• You can effortlessly transfer VAT returns through a direct interface to HMRC which adheres to all regulatory requirements.
• VAT management becomes streamlined through its combination of record-keeping capabilities and bridging features.

AbraTax

The AbraTax platform exists as an automated solution that eases VAT record management and bridges operations between businesses and agents for compliance purposes. The software helps businesses submit their VAT returns with ease through supported communication channels to monitor financial documents.

Key Features:

• Clients can automatically upload VAT returns to the HMRC through AbraTax.
• Under this platform, users can view their previously submitted VAT returns through an easy accessibility feature.
• Users can both check their VAT liabilities and supervise payment transactions through the system.
• Users can access their financial information with the help of VAT Payment History for better transparency.

 

Conclusion

Businesses can achieve tax compliance together with organisational efficiency through the selection of appropriate tax software for managing VAT returns. Such programs provide businesses with two functions for VAT return submission and payment tracking that simplify tax procedures.

Disclaimer: All the information provided in this article on tax software for managing VAT returns, including all the texts and graphics, is general in nature. It does not intend to disregard any of the professional advice.