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Showing posts from December, 2020

QuickBooks, VAT, MTD and online accounting

Get Linked, Save Time. We're pleased to announce Guestbook247 can now be linked to QuickBooks Online for UK based customers, providing seamless way to integrate your booking invoices direct to your online accounting solution. We believe this will save businesses significant time, reduce mistakes and for UK customers help meet Making Tax Digital (MTD) VAT compliance and ease changing VAT rates during these COVID times.  MTD VAT - What Is That? For UK VAT registered businesses from April 2019 Making Tax Digital (MTD) for VAT went live. This obligates VAT registered businesses with a turnover over £85,000 to keep digital records and to submit VAT returns online using an HMRC approved software, such as QuickBooks Online. Up until now you have been able to manually move data from your other business software solutions, such as Guestbook247, into your accounting software. However from April 2021 so called "copy and paste" of VAT related transaction data will no longer t