IBCOS RECOGNISED BY HMRC As a software supplier that supports Making Tax Digital for VAT
Ibcos Computers Ltd., the business management software vendor for agricultural, groundcare, and construction dealers, has announced that HM Revenue & Customs (HMRC) has officially recognised it as a software supplier that supports Making Tax Digital for VAT.
To achieve this milestone, Ibcos had to demonstrate to HMRC how Gold, its business management software, handles the end-to-end process for the creation and submission of VAT returns.
“I think this is yet another great example of Ibcos’ forward-thinking nature,” said Collette Convery, the managing director at Ibcos. “We took action as soon as we learned about the Making Tax Digital regulation, to ensure our customers will have the right tools to properly deal with this challenge when the time comes.”