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Zoho adds VAT filing to Zoho Books and simplifies MTD acquiescence with its pre-integrated alms to advice businesses in the UK adapt for the accessible government initiative

Utrecht, The Netherlands – October 16, 2018 — Zoho Corporation has today appear that its billow accounting application, Zoho Books, can be acclimated to auspiciously abide VAT allotment beneath the UK government’s Making Tax Agenda (MTD) programme. Businesses will be appropriate to use the MTD arrangement from April 2019 if their about-face is aloft the VAT threshold; the government has appropriate that the ambit will widen from 2020 as allotment of its cold to animate agenda almanac keeping.

In accession to managing their accounting, Zoho Books users are able to calmly abide their alternate VAT allotment to HMRC. As Martin Hargreaves, Director of Ultra Accountancy Limited, explains: “Being a technology-driven Zoho Books partner, we volunteered for the pilot to break advanced of the curve. It’s a battleground moment and we are appreciative to be the aboriginal to abide VAT allotment with Zoho Books.”

Sridhar Iyengar, Zoho Corporation’s Head of European Operations, comments: “The UK is one of the prime markets for us; with MTD advancing into effect, our barter will acquisition it accessible to book their VAT allotment anon from Zoho Books.”

MTD requires abstracts to breeze digitally amid assorted applications and mandates them to assignment in affiliation

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