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MTD - anyone finding registration confusing...!?

  • Member
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  • # 117502

I have now "hit the wall" so can anyone out there help me with MTD?

I have registered my new Agent Services Account OK with HMRC, that was actually quite easy but I am now stressing over how to become an authorised agent for my clients to submit their VAT Returns via my Quickbooks Online platform.

I have spoken to both Quickbooks support and HMRC and between them I am even more confused and everywhere I try leads to the "wall".

So my question is has anyone got over the wall and can come to my aid?

Thanks,

Tony Jackson - Turnpike Business Services

tony.tbsbookkeeping@gmail.com

  • Member
  • Practice Licence
  • 24 posts
  • # 117503

TonyJ said:

I have now "hit the wall" so can anyone out there help me with MTD?

I have registered my new Agent Services Account OK with HMRC, that was actually quite easy but I am now stressing over how to become an authorised agent for my clients to submit their VAT Returns via my Quickbooks Online platform.

I have spoken to both Quickbooks support and HMRC and between them I am even more confused and everywhere I try leads to the "wall".

So my question is has anyone got over the wall and can come to my aid?

Thanks,

Tony Jackson


 

  • Member PM.Dip
  • Practice Licence
  • 29 posts
  • # 117504

Hi Tony,

Sorry to hear you're having issues with this. I've managed to get over the wall and successfully submit MTD VAT returns for a client so I'm hoping I can help you over it too!

Quickbooks recently hosted an MTD day and they had a very comprehensive guide on how to sign up with HMRC, assign clients, switch on MTD in QBO and file, so it may worth a look at their on demand webinar from the day, link below:

https://quickbooks.intuit.com/uk/accountants/mtd/

If you are initially looking to sign clients up and do not already have a VAT agent account this will be your first port of call. If you are on your old account and already have clients, you will need to 'link' your existing clients with your new agent account and you will then be able to use your new User ID and password in QBO to submit.

Alos be aware that your clients need to be eligible for the pilot if you plan to sign up early and you need to also sign them up and receive confirmation from HMRC before you switch on MTD in QBO as this can't be switched off.

Kind Regards,

Jaye

  • Companion Fellow
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  • Practice Licence
  • 206 posts
  • # 117507

It's a multi-step process and you're not the only one experiencing frustrations! We're publishing a really practical article in next week's February Newsletter (emailed out on Thursday 14th). It will have screenshots from HMRC, FreeAgent, Sage, QuickBooks and Sage so it's a one-stop shop of tasty information. Let me know if there's any other platforms you need help with.

In the meantime:

1. Register for an Agent Services Account (ASA) for your practice

You'll have just one ASA for the whole practice and it will be linked to your UTR (income tax self assessment UTR for sole traders, partnership UTR for partnerships and corporation tax UTR for those trading as limited companies.) 

You'll also need to tell HMRC you're an ICB member and put in your expiry date. I believe we're on the list as The Institute of Certified Bookkeepers (ie. under 'T')

2. Link clients to your ASA

Add each of your agent Government Gateway IDs to the account - these are the Government Gateway IDs which you use to access HMRC online services for your clients and are linked to your agent codes 

Request authority to submit VAT for any new VAT clients. You can do this through your new Agent Services Account and there’s no longer any need for the 64-8 form. You'll have to wait for your client to confirm authorisation.

3. Connect your accounting software to your ASA

Do this through your software (more details in next week's article)

4. Sign up clients to MTD via your ASA

Note that as soon as you do this their next VAT Return must be sent 'the MTD-way' so you might not want to do this straight away unless you want them on the pilot. You can’t undo this step.

5. Switch clients over to MTD VAT filing within your accounting software

This process depends on what package you're using so, again, look out for information and screenshots in next week's newsletter

Hope that's helped.

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  • # 117511

BIG announcement...I am now OVER the wall!

It wasn't easy or straight forward I can tell you but I had some great words of advice from Jaye at Exe Bookkeeping. Jaye has been amazing and made some extremely useful comments that helped me in my discussions with Quickbooks and HMRC. Thanks also to Ami at ICB for your response, also very helpful.

Looking back I think alot of my issues were that I had only ever submitted VAT returns via the HMRC portal and not direct through Quickbooks, so this fact created more work.....and confusion!

I now need to get all my other clients to sign up for MTD and link them to my Agent Services Account after gaining their authority.....sounds easy doesn't it, watch this space!


Tony

  • Member PM.Dip
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  • # 117540

Thanks for the kind words Tony - always happy to help out and so pleased to hear you make it over tha wall!

Fingers crossed for your other clients!

Jaye

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