VAT and Making Tax Digital Made Simple
Quotes & Payment Reminders
Payroll Services & HR Support
MTD VAT & CIS Returns
Unlimited Support & Advice
Bank Feeds & Financial Reports
CRM Solutions & Project Management
Quotes & Payment Reminders
Payroll Services & HR Support
MTD VAT & CIS Returns
Unlimited Support & Advice
Bank Feeds & Financial Reports
CRM Solutions & Project Management
Balance simplifies VAT management by providing real-time tracking of your VAT liabilities and submissions. Automate your VAT calculations and HMRC returns, reduce errors, and save time keeping your books accurate and up to date. Best of all, it’s completely free!
We created Balance to help self-employed professionals and small businesses meet Making Tax Digital requirements without expensive software or accountant fees. Our tools automate VAT calculations and submissions, giving you full control and peace of mind while keeping your finances compliant and easy to manage.
Submit VAT returns directly to HMRC with no extra fees – perfect for small businesses that need to stay compliant without added costs.
Balance tracks your VAT position automatically as you record transactions, so you always know where you stand before it’s time to file.
File returns in seconds with our intuitive interface, and get expert help whenever you need it from our dedicated support team.
Some frequently asked questions regarding our free online VAT software features
Do I need to use software to file a VAT return?
You need to use software to submit UK VAT returns under the Making Tax Digital (MTD) rules which came into force for VAT registered businesses on 1st April 202022. Our MTD information hub includes more details about the expected launch dates for other tax returns as the rules roll out.
How often do I need to submit a VAT return?
VAT returns are normally sent on a quarterly basis (which is every three months). This is known as your accounting period. You’ll need to follow Making Tax Digital (MTD) rules for keeping your records and submitting your VAT returns online.
What VAT schemes are supported in Balance?
Balance supports both the Standard and the Flat Rate Scheme for VAT, using either invoice based or cash accounting.
Can I use a spreadsheet to record VAT under MTD?
You can use spreadsheets to keep digital VAT records, but you cannot submit your VAT return to HMRC using a spreadsheet. You will need HMRC recognised software supporting MTD for VAT, like Balance!
Do I pay my VAT bill through my MTD software?
Making Tax Digital doesn’t change the way that you pay your VAT bill. There are multiple ways to pay, including online, by Direct Debit, or over the phone. But you would never pay your VAT bill through Balance.
How does VAT software work?
Balance’s VAT software feature tracks all of your transactions and invoices in one place, and uses this information to work out your VAT automatically.
Real-Time Tracking: Monitor cash flow, expenses, and profits instantly.
Auto Invoicing: Generate and send invoices effortlessly.
Cloud Access: View finances anytime, anywhere.
Easy Tax Filing: Automate calculations and submit taxes hassle-free.
Balance integrates with key HMRC-compliant apps and accounting tools to automate VAT calculations, streamline digital record keeping, and submit returns seamlessly. These integrations reduce manual entry, improve accuracy, and keep your business fully compliant with Making Tax Digital regulations.