MTD-ready VAT records,
a return prepared.
RepBud Revenue keeps the digital VAT records Making Tax Digital asks for and prepares your VAT return from them — standard, cash or flat-rate scheme, computed off a real double-entry ledger with every box traceable to the transactions behind it.
MTD-ready digital records · prepared VAT return · standard / cash / flat-rate
Digital records, and a return that flows from them
Making Tax Digital is really two things: keep the details of your sales and purchases digitally, and let the VAT return flow from those records without re-keying. Revenue does both. Every invoice, bill and expense records its VAT as you go, so the digital records exist as a by-product of the bookkeeping — and the return is computed from them, not typed up separately at quarter end.
The calculation fits the scheme you are on — standard accrual, cash accounting or the flat-rate scheme — and because it all comes off a genuine double-entry ledger, each VAT box drills down to the sales and purchases that make it up. You can see what is in a box before the return is finalised.
To be plain about where it stands: Revenue keeps MTD-ready digital records and prepares the return; direct submission to HMRC switches on once our production approval completes. RepBud is designed to assist, not replace, your professional judgement.
How Revenue helps
What Making Tax Digital asks for, kept as you go
MTD-ready digital records
Every invoice, bill and expense records its VAT as you go, so the digital records Making Tax Digital asks for exist as a by-product of the bookkeeping — not a separate spreadsheet on the side.
A prepared VAT return
The return is computed from your ledger rather than re-keyed — the digital link MTD is built around — and kept ready for filing.
Standard, cash or flat-rate
The calculation fits the scheme you are on — accrual, cash accounting or the flat-rate scheme — so the return reflects how your business actually accounts for VAT.
Every box, traceable
Because the return comes off the ledger, each figure drills down to the sales and purchases behind it — you can see what makes up a box before it is finalised.
On a real ledger
VAT is recorded on genuine double-entry transactions, so your VAT records and your accounts are the same set of books rather than two things to reconcile.
Your accountant can review it
Invite your accountant view-only to check the digital records and the prepared return. Revenue readies the figures; direct submission to HMRC switches on once production approval completes.
Frequently Asked Questions
Making Tax Digital questions
What does Revenue do for Making Tax Digital?+
Revenue keeps the digital VAT records Making Tax Digital asks for and prepares your VAT return from them. Your sales and purchases sit on a real double-entry ledger, the VAT on each transaction is recorded digitally, and the return is computed from those records rather than re-keyed — the digital link MTD is built around.
Does Revenue submit my VAT return to HMRC?+
Revenue prepares the VAT return and keeps the MTD-ready digital records behind it. Direct submission to HMRC switches on once our production approval completes; until then, treat the return as prepared and ready. We would rather describe this honestly than claim a submission that is not yet switched on for you.
Which VAT schemes does it support?+
Standard (accrual) VAT, cash accounting, and the flat-rate scheme. The return is computed according to the scheme you are on, so a flat-rate business and a standard-scheme business each get the calculation that fits them.
What counts as digital records for MTD?+
MTD expects the details of your sales and purchases to be kept digitally and the VAT return to flow from those records without manual copying. In Revenue every invoice, bill and expense records its VAT as you go, so the digital records exist as a by-product of doing the bookkeeping — not a separate spreadsheet you maintain on the side.
Can I see how each VAT box was arrived at?+
Yes. Because the return is computed from the ledger, each figure drills down to the transactions behind it. You can see which sales and purchases make up a box before the return is finalised, rather than trusting a total with no working.
Can my accountant check the return first?+
Yes. Invite your accountant as a view-only user and they can review the digital records and the prepared return before it is filed. RepBud is designed to assist, not replace, your professional judgement.
Can I bring my existing VAT records across?+
Yes. Revenue imports from Xero, QuickBooks and Sage — the guided importer in Settings brings your chart of accounts, contacts and opening balances over, so your digital records continue rather than starting from a blank set of books.
Records that keep themselves
Stay MTD-ready without a quarter-end scramble
Start a 14-day free trial, bring your books across, and let Revenue keep your digital VAT records and prepare each return as you go. No card required.
Start a free trial →