We have been contacted by some clients that potentially need to upgrade their sage packages to be compliant with MTD next month. For clarification purposes, if you are using sage, then the version you need to be on is 24.2 or above.

This is what their website says:

MTD becomes mandatory for most businesses in the UK from April 2019. From April, HMRC will no longer provide online tools for digital submissions of your VAT Returns, instead, you must submit through your accounts software. To be MTD ready, you must be using Sage 50cloud Accounts v24.2 or above.

To check if your software is MTD readyIn Sage 50 Accounts go to Help and About and note the following:

Under Program Details, note the Version Number.Under Licence Information, note the Serial Number and Account number. If no account number appears, you can find this on correspondence you’ve received from us, such as your invoice.

If you find you have an older version and are caught by MTD, then there are cheaper, reliable alternatives than upgrading your sage. Please call us to discuss if you wish.