I agree. The current Xero solution is cumbersome and open to problems with maintaining the digital integrity of the data in accordance with HMRC requirements.
A better solution would be for there to be an option in the non-MTD VAT organisations to prepare the individual VAT returns, and then have a button to finalise for consolidation (or similar) which creates files with the required info for HMRC. Then, in the MTD registered organisation, have a menu item that pulls together the VAT data prepared above from the individual companies, and submits it to HMRC.
Andy Aplin
supported this idea
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I agree. The current Xero solution is cumbersome and open to problems with maintaining the digital integrity of the data in accordance with HMRC requirements.
A better solution would be for there to be an option in the non-MTD VAT organisations to prepare the individual VAT returns, and then have a button to finalise for consolidation (or similar) which creates files with the required info for HMRC. Then, in the MTD registered organisation, have a menu item that pulls together the VAT data prepared above from the individual companies, and submits it to HMRC.