Global professional services network RSM invests in new VAT filing software
New VAT Filing software for RSM
Leading audit, tax and consulting firm RSM has acquired BTCSoftware’s Making Tax Digital (MTD) software solution BTCHub, enabling the firm to support clients with the requirements of Making Tax Digital for VAT which becomes operational on 1 April 2019.
MTD is HMRC’s plan to bring the UK’s tax system into the 21st century. With only a few exemptions, VAT-registered businesses trading over the VAT threshold of £85,000 will be required to keep records in a digital format, ensure that applications and spreadsheets used to compile VAT returns are digitally linked, and submit their VAT return information to HMRC using MTD compatible software.
RSM’s staff across the UK will be using the BTCHub application, ensuring that the firm continues to provide exceptional client service.
RSM chose BTCSoftware following a comprehensive supplier selection process.
Elfed Jarvis, Partner, RSM: “We are very pleased in the way BTCSoftware and RSM have worked closely together to provide RSM staff with the solution they need to file clients’ VAT returns in accordance with the Making Tax Digital for VAT filing requirements.
Rob Ellis, BTCSoftware CEO, adds: “BTCHub delivers to RSM the powerful platform they deserve. Our implementation is all about Making Tax Digital for VAT initially and MTD for Business for the future. The teams from both companies have worked impressively together and delivered against an aggressive timescale. We are incredibly proud of our achievements so far, and we look forward to a successful ongoing relationship with RSM.”
For more information
To talk to one of the BTCSoftware team about its MTD for VAT solutions or to book a demo, call 0345 241 5030 or email Sales@BTCSoftware.co.uk or visit www.btcsoftware.co.uk
