MTD VAT Web Solution

[VATme]

Thanks for that input, very useful. I do plan to implement a Excel plugin to supplement the features of the site.

[Chart Accountancy]

I've been developing a web based (software as a service) to the MTD initiative by HMRC, I'm wondering if this approach would suit anybody's requirements for MTD?

Basic functionality so far is account synchronisation, export account to Excel / CSV and export returns to PDF.

If anyone fancies taking it for a whirl (with fake credentials of course) and providing feedback, please let me know.

I believe there will be more demand on Excel bridging software and accountants are likely to need to connect a spreadsheet at some point with HMRC. For example, whilst most of our VAT registered clients are already using cloud software, the Excel bridging could be useful for clients who switch to using software part way through a VAT period. We have had a client recently in this position so a submission via MTD connected spreadsheet would have been required under the new rules for the VAT period where part of the return data is held outside of the software, the same would apply if a client is transitioning from one software to another part way through a VAT period, so an MTD spreadsheet filing would then be a solution.

[VATme]

OK, I'll say it again, a bit louder - if you bank with NatWest or RBS you get FreeAgent for free?

Isn't it obvious what the answer to that is? You're not a target customer.

It's a study of one but I certainly wouldn't move from Santander to NatWest or RBS to access FreeAgent for free.

I guess the market will dictate the viability of solutions like mine.

[Fred Bloggs]

I developed this to scratch my own itch and to suit my own circumstances so I understand it's a niche tool. These VAT solutions are orders of magnitude cheaper than FreeAgent.

OK, I'll say it again, a bit louder - if you bank with NatWest or RBS you get FreeAgent for free?

[VATme]

The implementation seems great but I'd recommended offering the first submission for free like the other solutions on the market, no real commitment then, and if people like it they become paying customers.

I agree and I'm actually working on that as we speak.

Dare I mention FreeAgent? Doesn't it already do this and if you bank with NatWest or RBS you get FreeAgent for free?

I developed this to scratch my own itch and to suit my own circumstances so I understand it's a niche tool. These VAT solutions are orders of magnitude cheaper than FreeAgent.

[Fred Bloggs]

Dare I mention FreeAgent? Doesn't it already do this and if you bank with NatWest or RBS you get FreeAgent for free?

[TheGreenBastard]

OK so here's a demo: https://dev.vat.me/

You can sign up with test accounts generated here: https://dev.vat.me/org (you must sign in the HMRC and use the given VAT number when adding an account)

Once signed up, you can pay for an account using the "upgrade you plan" link and using one of these test cards: Testing | Stripe

I'll dish out a free 2 years for those providing feedback

The implementation seems great but I'd recommended offering the first submission for free like the other solutions on the market, no real commitment then, and if people like it they become paying customers.

[VATme]

OK so here's a demo: https://vat.me/

You can sign up with test accounts generated here: https://vat.me/org (you must sign in the HMRC and use the given VAT number when adding an account)

Once signed up, you can pay for an account using the "upgrade you plan" link and using one of these test cards: Testing | Stripe

I'll dish out a free 2 years for those providing feedback

[OhIllDoIt]

There will be a few people here who will want this. As there have been a few posts asking for a solution.

I’m not sure it’ll make much money though as The APIs are so simple that I imagine there will be a few free solutions before long.

Having done something similar myself, the impression I get from potential customers I've spoken to is that there is some money in it, but not the fifty plus quid a year that most are charging for a basic MTD-compliant filing service.

Still, a few thousand users paying a few quid a year is not to be sniffed at...

[MrButton]

There will be a few people here who will want this. As there have been a few posts asking for a solution.

I’m not sure it’ll make much money though as The APIs are so simple that I imagine there will be a few free solutions before long.

[VATme]

Is this aimed at those who dont have an accountant?

My accountant already have a solution that allows them to comply with the MTD rules.

WLB

Or, people like myself, who have an account but handle the VAT submissions themselves.

Also, I've developed the service to support multiple VRN's per user - on the prospect there might be "power" users, e.g. accountants themselves. Whether there's a market for that, I'm not sure.

[WLB2018]

Is this aimed at those who dont have an accountant?

My accountant already have a solution that allows them to comply with the MTD rules.

WLB

[VATme]

I've been developing a web based (software as a service) to the MTD initiative by HMRC, I'm wondering if this approach would suit anybody's requirements for MTD?

Basic functionality so far is account synchronisation, export account to Excel / CSV and export returns to PDF.

If anyone fancies taking it for a whirl (with fake credentials of course) and providing feedback, please let me know.