HMRC - Making Tax Digital
If you are a VAT registered business, in order to ensure your organization is compliant with HMRC's Making Tax Digital (MTD) VAT requirements, you can connect to HMRC to submit your VAT returns directly from VAT Reporting.
Setup
You must be signed in with administrator permissions to make these changes.
- From Setup, click Develop | Custom Settings | VAT Reporting Settings (FF).
- Click New.
- Leave the information as it appears in the text boxes and click Save.
- Before continuing, in the Reports tab ensure that the necessary users have access to the VAT Return Breakdown Report.
- From Setup, click Create | Objects.
- Search for and click the Tax Code object for Accounting (API name c2g__codaTaxCode__c).
- Click Page Layouts and next to Tax Code Layout click Edit.
- Drag-and-drop the Tax Box and Net Box fields into the Tax Code Sample.
- Click Save.
- Now open the Tax Codes tab for Accounting.
- Select the relevant tax code and click Edit.
- Use the HMRC guidelines to assign the correct box number to Tax Box and Net Box.
- Click Save.
The setup is now complete. You can open the VAT Return Reports tab and connect to HMRC to submit your VAT return.
How to Submit to HMRC
- In the VAT Return Report Detail, when you have generated the correct values, click Connect to HMRC.
- A message is displayed from HMRC to confirm that you allow VAT Reporting Accounting to connect to HMRC. If you agree, click Continue.
- Enter your HMRC User ID and Password, then click Sign in.
- A message is displayed from HMRC to confirm that you allow VAT Reporting Accounting to perform the tasks listed. If you agree, click Grant authority.
A message displays to confirm you are connected to HMRC. - Verify that the values displayed are correct.
- Read the declaration. If you agree, select the checkbox and click Submit.
A message displays to confirm that the VAT return has been successfully submitted. - [Optional] If you need to print a copy of your VAT return report, click Print.
You can now proceed to reconcile the VAT Return report. For more information, see Reconciling a VAT Return Report.