MTD running 2 Companies with one VAT number

Hi, the Company I work for are opening a new division which will run alongside our current business, but accounted for separately as a new Company in Sage.  Under MTD, how would I submit the combined VAT return?  We don't want to run this as a 'Department' in Sage, and as we have already registered for MTD, I wouldn't be allowed to submit returns through our online account

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  • Hi Karen,

     

    Thanks for using Sage City.

     

    Businesses who submit group VAT Returns can now sign up with HM Revenue & Customs (HMRC) for Making Tax Digital (MTD) for VAT. Mandatory submission starts from October 2019. If you currently use Sage 50 Accounts, to submit group VAT Returns under MTD you must use the Sage MTD Submissions Module

     

    The Sage MTD Submissions Module is separate bridging software that you can use to combine information from multiple companies into a single group VAT Return and submit it to HMRC. If you have a Sage 50cloud Accounts subscription, the module is available at no extra cost and you can download and install the module and then submit your group VAT Returns.

     

    If this has answered your question please click More > Verify Answer.

     

    Regards,

     

    Paul

    Sage UKI

  • No problem Karen, you’re welcome.

     

    Please let me know if you have any other queries.

     

    Regards,

     

    Paul

    Sage UKI

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