FAQ

Different VAT Schemes

We accommodate all VAT Schemes.

FRS, Groups, Partial Exemption, Capital Goods, Margin Schemes, Cash Accounting, Annual Scheme, Retail Schemes, Payments on Account etc can all use our easy to use sheet and software without the need to register or login to our systems

How do I sign up to MTD?

Before you can file VAT returns under MTD, you need to sign up with HMRC.

Sign Up here

During sign up you may be asked which MTD software you will use.
Our company name is 1 - Bridge Ltd and our HMRC Application ID is 1 - BRIDGE

It is wise to try and add VAT MTD to your existing GOV.UK login.
Many people have ended up with 2 logins, which can get confusing when trying to submit your return

Who can use this software and service?

Anyone and everyone, originally devised for small businesses that used paper or spreadsheet to manage their accounts, we have farmers, barristers, engineers, tourist attractions even pension companies and software houses.

We are fully recognised by HMRC as an MTD VAT bridging supplier and are listed as 1 - Bridge on the HMRC site directory

Are you recognised by HMRC?

Yes, we are recognised by HMRC, our application is listed in the bridging section with the ID "1 - Bridge" which links to https://www.1-bridge.co.uk

You can check the HMRC list by clicking the following link
https://www.tax.service.gov.uk/making-tax-digital-software
Select bridging in the “software for” section,
We are listed as: 1 - Bridge

How does this solution work?

Our solution comprises 2 distinct elements

  • A Spreadsheet (Excel, Open Office, LibreOffice)
  • A web portal which allows you to logon and submit to HMRC in an MTD compliant way

We have two business models:

  • Individual Businesses submitting their own returns (£7.50 + VAT per return) payable by Card or Paypal ) on each submission
  • Charities, unable to pay by card or paypal (£7.50 + VAT per return) payable by direct debit on the month after each submission

What are the timescales for MTD?

What is the HMRC soft landing for MTD VAT?

For the first year of MTD becoming mandatory – VAT periods starting between April 2019 and 31 March 2021 businesses using non-API-enabled software programs do not need digital links between them.

However, if a business uses a bridging product only to submit the boxes 1 to 9 return to HMRC, the transfer of data to the bridging software must be carried out digitally.  This could be achieved using a digitally linked VAT calculation sheet, which will then be linked to the add-in submission sheet.

I use software that is pre-MTD, how do I use this bridging software?

Our bridging software works with any Excel spreadsheet. If your pre-MTD software can export to Excel, then our add-in will be able to file your return for you. Be wary that you will need to digitally link (most likely using macros) the exported data to a VAT calculation sheet and then to our add-in by April 2021. Although this exercise shouldn’t be too difficult for those competent in Excel.

How much does it cost to download and file my VAT return?

Our bridging software Excel add-in is FREE to download and integrate with any Excel spreadsheet for both MAC and Microsoft. The filing of the VAT return with HMRC will cost £7.50 + VAT per submission. Payment will be made via a typical online checkout page during the submission process.

Is the filing process safe and secure?

The security and privacy of your data is of paramount importance to us, all transmissions from our MTD compliant VAT Add-in are secure using the latest HTTPS protocols with the highest levels of encryption, we use the HMRC to authenicate all our customers, so we do not store or share any of your private information. Payments are processed by a 3rd party payment provider ( PayPal ). PayPal is a PCI level 1 provider , payment may be made via Paypal accounts or using debit or credit card, all payments are PCI DSS compliant and we never get to know or hold any of your payment details, your payments are also protected by PayPal buyer guarantee.

What information gets submitted to HMRC?

The only requirement under MTD VAT is the same information that is currently needed, that being the box 1-9 numbers only. Only the box 1-9 numbers can pass through the gateway

How do I integrate the bridging software add-in to my spreadsheet

Download for Free our MTD VAT add-in. If you operate on a quarterly VAT scheme then we advise you integrate 4 of our free add-ins per 12-month period (12 for monthly VAT returns). Simply link up the box 1,2,4,6,7,8 & 9 in each add-in to your VAT calculations sheets for each period, detail each period start and end date and you are ready to go!

Can I use spreadsheet under MTD VAT?

Yes, HMRC have explicitly said that recording businesses records digitally can be recorded in Excel spreadsheets providing that they are digitally linked. In order for a spreadsheet to be complaint with MTD, the initial input of the data in the first instance can be inputted manually. Any further transfer, recapture or modification of that data must be done using digital links. A digital link in this instance would simply be a formula linking a cell from one sheet to another. The use of copying and pasting, or manually creating a VAT return is not compliant with MTD VAT.

Spreadsheets are permitted under the most recent legislation VAT Notice 700/22: Making Tax Digital for VAT Published 13 July 2018 under s 3.2.

When do I need to submit my VAT return digitally?

All UK businesses that are VAT registered with a taxable turnover exceeding the VAT threshold (currently £85,000) unless specifically exempted by HM Revenue & Customs will fall under MTD VAT for return periods starting on or after 01 April 2019.

For those businesses with a VAT return stagger 1 March/June/Sept/Dec, MTD VAT will begin with the first period 01 April 2020 – 30 June 2020 which will be due for filing on or before 07 August 2020.

For those businesses with a VAT return stagger 2 April/July/Oct/January, MTD VAT will begin with the first period 01 May 2020 – 30 July 2020 which will be due for filing on or before 07 September 2020.

For those businesses with a VAT return stagger 3 May/Aug/Nov/Feb, MTD VAT will begin with the first period 01 June 2020 – 30 Aug 2020 which will be due for filing on or before 07 October 2020.

If you have any questions at all, we are happy to help.