MTD Reports (UK Customers Only)

Making Tax Digital is an initiative designed to eliminate the manual submission of tax returns. The primary goal is to make tax administration more efficient for taxpayers by implementing a fully digitized tax system. All VAT-registered businesses with a taxable turnover above £85,000 are required to keep digital financial records and send returns using MTD-compatible software.

Invoice2go has gone MTD compliant by providing UK customers with MTD compatible versions of the Sales and Expense reports in the reporting feature app. These reports will contain additional columns to provide UK customers with the data they need to file their tax returns. Note this feature is only available to UK customers


 You can find the MTD compatible reports with the following steps:

iOS

  1. From the side navigation menu, tap on Reports
  2. From the reports dashboard, scroll down the screen to view high level reporting information and then tap into your reports to see data in table format
  3. Tap on Report list in the top right corner
  4. Select Sales (Making Tax Digital compatible) or Expenses (Making Tax Digital compatible)

MTDTaxGif_iOS-Loop.gif

Android

  1. From the side navigation menu, tap on Reports
  2. From the reports dashboard, scroll down the screen to view high level reporting information and then tap into your reports to see data in table format
  3. Tap on Report list in the top right corner
  4. Select Sales (Making Tax Digital compatible) or Expenses (Making Tax Digital compatible)

 Web

  1. From the side navigation menu, click on Reports
  2. From the reports dashboard, scroll down the screen to view high level reporting information and then click into your reports to see data in table format
  3. At the top of your reports dashboard, toggle from Dashboard to Report list
  4. Select Sales (Making Tax Digital compatible) or Expenses (Making Tax Digital compatible)

MTDTaxGif_Web-Loop.gif

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