Legal IT Newswire product news… Eclipse’s new Proclaim MTD toolset officially recognised by HMRC as Making Tax Digital compliant
Law Society endorsed legal software provider, Eclipse Legal Systems, has announced new functionality in its Proclaim Practice Management solution to enable law firms to remain compliant with HMRC Making Tax Digital requirements.
Making Tax Digital is a key part of the Government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – meaning the end of the annual tax return for millions. From 1st April 2019 all businesses with a taxable turnover above the VAT threshold will be mandated to use the Making Tax Digital service to keep records digitally and submit their VAT returns using compatible compliant software.
The new Proclaim MTD solution has been rigorously tested by HMRC which has officially recognised the system as being compliant with the Making Tax Digital regulations. The Proclaim MTD toolset is additional functionality to be utilised within the Proclaim Practice Management solution and is immediately available for new and existing Proclaim users.
Tracy Blencowe, Business Solutions Director at Eclipse, comments:
“The Proclaim MTD functionality is Eclipse’s latest innovation designed to empower law firms to easily remain compliant with the new VAT regulations. This time saving technology is easily utilised with minimal effort required from the user – freeing their time up to concentrate on what really matters to them, delivering a great service to their clients.”