Making Tax DigitalMTD Software Solution

Request a demo

Making Tax Digital Software

Your primary goal as an accountant in the new Making Tax Digital process is to get client bookkeeping and transactional data into their Digital Tax Account as efficiently as possible. This is only possible with third party software for Making Tax Digital.

Thomson Reuters is the first software provider to deploy a completely new solution for Making Tax Digital. We have been working closely with HMRC and accountants to develop the MTD software you need to work in the digital era.

Manage the Complete Process with MTD Software

Our software for Making Tax Digital helps you manage the entire process – from totaling and categorising data, to collecting data from HMRC, and producing the final, adjusted accounting data. You can also bring in data from many bookkeeping providers, ensuring you have freedom of choice.

  • Simple Bookkeeping

    Sole traders and landlords who keep paper records can use our intuitive web and mobile app to record transactions. Summaries are automatically sent to our tax module for submission.

  • Manage and Review Updates
    Manage and Review Updates

    Manage your client’s Digital Tax Account and ensure that the data is accurate and complete by automating the quarterly update process and input of bookkeeping data from a variety of sources.

  • Statutory Reporting
    Statutory Reporting

    Prepare statutory and management accounts and collate data for the annual declaration process.

  • Client Collaboration
    Client Collaboration

    Keep in close contact with your clients using our portals and mobile apps that allow for seamless notifications and exchange of data to enhance the experience and improve efficiency.

  • Reporting and Analysis
    Reporting and Analysis

    Provide value to your clients in the new real-time advisory role by keeping them up-to-date on their ever-changing business and discuss future opportunities through reporting and data analysis.

  • Process Management
    Process Management

    Define and implement streamlined processes across your entire practice to match the services that you provide to your clients – vital for efficient working.

Act Now to be Ready

Gain a competitive advantage – start preparing today and ensure you have the right technology platform in place for the new Making Tax Digital process.

Making Tax Digital Software Pilot

With all of your clients coming under Making Tax Digital by April 2019, HMRC’s two year pilot gives you a new opportunity to bring in some of your clients early. Firms using our solution are already taking part and learning from experience before it goes live.

Support Through Transformation

Making Tax Digital is by far the greatest challenge facing accountancy firms right now and Thomson Reuters is ready to help and support you and your clients – from migration to our new MTD software solution to training on the new process.

See our Solution

  • Speak with a Thomson Reuters Solutions Consultant today to arrange a demo of our Making Tax Digital software.

    Contact us

Stay Informed

  • Visit our dedicated resources hub for the latest insight and news on Making Tax Digital from our resident experts.

    Learn more