Magic Tax has been designed and developed exclusively for users of Keyloop Drive & Autoline software.
Registering for a Magic Tax licence to file your VAT returns digitally is quick and easy!
Since HMRC’s Making Tax Digital legislation was launched in 2019, companies have needed to either upgrade or replace their existing software, move to a compatible solution or utilise bridging software.
The regulations regarding digital links, digital record-keeping and the use of the copy/paste method to compile your data were tightened in April 2021. This has left many companies with industry specific-software packages, which are not compatible with Making Tax Digital for vat frustrated.
Bridging software is an option, however many of these solutions still require the data to be in a certain format and users have to manipulate data, copy & paste data or set up formulas and links before they can make their submission which is time-consuming and error-prone and in many cases not compliant with HMRC regulations.
We have worked closely with Keyloop users to come up with a bridging software solution that ticks all the boxes.
Making Tax Digital - Made Easy!
Magic Tax is a bridging software solution, designed and developed exclusively for users of the Keyloop Drive and Autoline DMS solutions.
The solution ingests the data extracted from the Drive or Autoline system in the format it is extracted, calculates the vat values and enables users to submit their vat returns with ease. There is no requirement for manual manipulation or manual input, which reduces time and eliminates errors.