UK Wave Users!

MerlinAccounts_UKMerlinAccounts_UK Member Posts: 82 ✭✭

Wave is still a great product even though it isn't going to be MTD for VAT compliant - this doesn't impact on you if you aren't VAT registered, nor if you are VAT registered BUT have turnover below the VAT threshold.

With developments in the pipeline for downloadable reports that will work with MTDVAT bridging software (VitalTax is a free product that does this) even VAT registered businesses could stay with Wave.

As accountants we aren't going to abandon Wave or its UK users, so if you want to talk to us about becoming a client (or simply using us on an ad hoc consultancy basis) please either reply to this post, send a message to our inbox on here OR email to [email protected]m

Comments

  • PaulCPaulC Administrator Posts: 61 admin

    Thanks for your comment and support, @MerlinAccounts_UK

    As you correctly state, Wave will be providing dedicated downloadable reports and supporting guides to allow VAT-registered business owners in the UK to comply with MTD via approved bridging software.

    As the MTD environment evolves, and extends towards income tax filing in the future, we'll be keeping a close watch on developments to determine how we continue to support our valued community of Wave customers in the UK.

    For those that haven't seen it, this article in our Help Centre explains how Wave will enable MTD VAT compliance.

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