If you have signed up to the early version of our MTD VAT service, you can review and submit your Countingup clients’ VAT returns from your Hub. If you haven’t signed up, log into your Hub and click ‘Update my Hub’ to gain access to our new service.
To review your client’s VAT return:
1. Log in to your Hub
2. Select the client you want to review a VAT return for
3. In the client view, go to ‘Tools’
4. Click ‘MTD VAT’ to view a summary of Open and Submitted Returns, ordered by most recent.
Please note: we currently solely support VAT returns for businesses on an accrual accounting basis. To view an open return, you will need to select this scheme from the drop-down menu beneath ‘Open returns’.
5. Next, click on a VAT return period
Here you will see a summary of the VAT period including:
- Any amount to pay or reclaim
- Any payments made
- The date range
- Submission due date
- A breakdown of the totals for each box on the VAT return.
6. To check transactions, click into a box (excluding boxes 3 and 5)
Click anywhere on a row to review transaction details.
You can change VAT treatment within the transaction details.
Next, move onto the next Box until you’ve reviewed each one.
How to save a draft of a VAT return
Once you have prepared your client’s VAT return, save it as a draft to export it and send to your client for review, or to submit it to HMRC. When you save a draft, we’ll let you know of any changes to the client data that would affect the VAT return before you submit it.
Click ‘Save draft’ to enable options for exporting and submitting the return.
Important: Once you have saved a draft you will not be able to make changes to the data from the VAT return tool period. If you need to make changes you must cancel your draft first.
After you have saved a draft, we’ll notify you in the Hub of any changes to the client data that would affect the VAT return.
For example, if your client changes a VAT record for this VAT period, you will be notified when you view the VAT return listing, or when you view the VAT return details.
If you need to make further edits or include the changes that have occurred since you saved the draft, select ‘Cancel your draft and update the return’.
Any changes made since you saved the draft will be included in the return for this period and you will be able to update the transactions in the return period.
If you don’t want to include the recent changes in the VAT return, you can defer the changes to the next period and continue with your saved draft.
If there are multiple open returns for a given client, you can only save a draft for export or submission on the oldest open VAT return.