Flyingboat News

HMRC Making Tax Digital support added to fb-WMS

Apr 4, 2019

We are pleased to announce that we have completed the final phase of adding support for the UK's HMRC Making Tax Digital programme to our Flyingbat Wealth Management Software (fb-WMS) and this has been approved by HMRC following a successful demonstration of the functionality to them.

The function allows reporting of relevant VAT transactions recorded in bookkeeping and the automated preparation and delivery of the VAT returns report to the HMRC via their API functionality.  Alan Rowe, Managing Director of Fusion Systems commented "Digitisation of statutory reporting processes to authorities is a trend that continues to gain momentum and is an essential process in driving efficiency of businesses through automation of these types of processes."

Users of our software should contact our support team for more details through their usual channels.