Ftax MTD for IT is ready for purchase and use. 15% loyalty discount applies only during April.
Ftax MTD for IT is ready for purchase and use. 15% loyalty discount applies only during April.
Submit your VAT returns to HMRC in a simple, low-cost, MTD compliant way.
For self-employed, landlords, partnerships and companies who are VAT registered.
For accountants and tax agents filing VAT returns on behalf of clients.
Ftax MTD for VAT lets you import your VAT figures directly from a spreadsheet using a CSV file and submit them to HMRC in a fully MTD compliant way. There is no need to change your bookkeeping process, simply export your data, import it into Ftax, and submit.
If you use Ftax Cashbook to manage your records, your VAT data can be populated directly, making the process even more straightforward.
All submissions are recorded and archived automatically in your Ftax account, giving you a clear record of every VAT return filed.
Ftax has been recognised by HMRC as a third-party supplier of tax filing software for over 20 years and appears on HMRC’s official list of MTD compatible software. You can read more about our HMRC recognition on our HMRC Recognised page.
Making Tax Digital for VAT requires all VAT-registered businesses to keep digital records and submit VAT returns using HMRC-compatible software. It has applied to all VAT-registered businesses since April 2022, regardless of turnover, see HMRC’s MTD for VAT guidance.
All UK VAT-registered businesses, including sole traders, limited companies, partnerships, landlords, charities and trusts. If you are unsure whether you need to register for VAT, see our guide to filing a VAT return.
No. Ftax MTD for VAT works alongside your existing spreadsheet. You export your VAT figures as a CSV file and import them into Ftax to submit directly to HMRC. Alternatively, use Ftax Cashbook to manage and populate your VAT data in one place.
A spreadsheet alone is not sufficient for MTD, you need MTD-compatible software to submit to HMRC. Ftax acts as the digital link between your spreadsheet and HMRC. HMRC provides further detail on this in VAT Notice 700/22.
The Business product is for VAT-registered businesses filing their own returns. The Agent product is for accountants and tax agents filing on behalf of clients, with flexible credit options for higher volumes.
One credit covers all quarterly or monthly submissions for one business for the tax year.
HMRC uses a points-based penalty system. Businesses that regularly miss submissions or deadlines can face fines. Occasional errors are less likely to result in penalties, but compliance is strongly recommended. See HMRC’s penalties guidance for full details. For MTD deadlines and key dates, see our deadlines and penalties resource.
Yes. Ftax has been recognised by HMRC as a third-party tax filing software supplier for over 20 years and appears on HMRC’s official approved software list. See our HMRC Recognised page for more detail.
Ftax does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult with your own professional advisors or with HMRC for advice directly relating to your business before taking action in relation to any of the content provided. Ftax Support will only be able to assist you with matters directly concerning the Ftax products and service.
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