Self Assessments

[Hanya]

Hi, I wanted to know if it’s possible to prepare and submit tax returns?

[QFSteve]

Hello @Hanya

This will be possible in QuickFile and we are preparing for MTD Self Assessment.

You can view our blog on this at the link below

Making Tax Digital - Self Assessment

The idea of MTD was initially announced by HMRC back in 2015, where key parts of the tax process are moved to a more efficient and streamlined digital process. The first tax to go digital was VAT, and in 2019 we enabled businesses to submit their VAT returns as part of MTD. Initially, businesses with a taxable turnover above the VAT threshold of £85,000 were required to sign up for MTD for VAT. Businesses under the threshold are allowed to do so voluntarily. However, as of April 2022, this wil…

[Hanya]

Hi Steve,

Thank you for getting back. I can’t seem to find the self assessment in QF where is this located and also can we submit self assessments to HMRC directly though QF

[QFSteve]

Hello @Hanya

There are no options for this yet, it is still in development as Making Tax Digital - Self Assessment is not yet compulsory.