Making VAT submissions easier

Did you know that you can set up your MyCake account so that you submit your VAT return at the press of a single button?

Well you can!

You’ll need to add your VAT number into your settings along with your HMRC login details and then once you’ve finished a quarter and are ready to submit just run the ‘VAT Management & Reports’ which you’ll find in the General Reports section of the book-keeping reporting.

It will look something like this:

vat report

…of course if you don’t want to submit online you can just run the report and write the figures into your paper VAT return.

One thought on “Making VAT submissions easier

  1. Pingback: How to prepare for VAT return changes | MyCake financial management

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