Making Tax Digital (Update)

Important Information for Microsoft Dynamics GP Users

​1 April 2019 will soon be upon us and will mark the introduction of the first phase of changes for HMRC's Making Tax Digital plan.

From this date, all VAT submissions will need to be submitted electronically from your accounting system.
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​Microsoft has just released a hotfix which updates Dynamics GP to include this new functionality in both the VAT 100 and VAT Daybook modules. In both cases, when you create a new VAT Return (in the case of the VAT Daybook, when you create an Audit report) you'll be prompted to log into the HMRC site to retrieve your obligations with the submissions made electronically.

This update from Microsoft only applies to Dynamics GP 2016 and 2018. If you're on an older version, you will either need to upgrade to one of the supported versions (Dynamics GP 2016 or 2018) or ISC Software has an extension which adds Making Tax Digital functionality to Microsoft Dynamics GP 2010, 2013 and 2015.

If you haven’t already done so. please contact ISC Software to discuss your upgrade or add-in extension options, time is running out!