Products · Making Tax Digital

V2 MTD

File your VAT returns with HMRC straight from IFS Cloud. V2 MTD reads the 9-box figures from your IFS Tax Return Proposal, matches them to your open HMRC period, and submits them to HMRC — checking the figures, recording the legal declaration and producing a receipt. No spreadsheets, no re-keying.

See it in action

From proposal to filed, in a few screens

These are real screens from V2 MTD: the dashboard reading a proposal, reviewing and declaring a return, HMRC's confirmation, filing into IFS Document Management, the HMRC account view, and the receipt it leaves behind.

V2 MTD's dashboard showing a VAT return read from an IFS Tax Return Proposal, all nine boxes filled in and ready to submit, with pre-submission checks complete.

The review screen: all nine VAT boxes shown for a final check, with a checkbox confirming the values are correct and HMRC's legal declaration before the Submit to HMRC button.

A confirmation dialog showing the return was submitted to HMRC, with the form bundle number, processing time and net VAT due, confirming the receipt was checked into IFS Document Management as a numbered document.

The dashboard after HMRC accepts the return, showing the acceptance date, time and form bundle number, with options to view the receipt or submit again.

The HMRC Account page listing VAT obligations by period, with due dates, status and received dates, filterable by status and date range.

A branded VAT Return Submission Receipt PDF, showing the company, period, HMRC's form bundle number, processing date and charge reference, the nine figures submitted, and the fraud prevention headers sent.

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A full digital link, as HMRC requires

Figures flow from IFS Cloud to HMRC by API, with no manual transfer or re-keying at any point — exactly what HMRC's MTD rules require.

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Recognised by HMRC

V2 is recognised by HMRC as a Making Tax Digital software provider, using HMRC's MTD VAT API.

Features

Everything you need to stay compliant

V2 MTD is a Windows desktop application for finance teams running IFS Cloud. It connects to HMRC's Making Tax Digital VAT API and keeps each submission controlled, auditable and easy to evidence.

Review before anything is sent

Every return is shown box by box, with pre-submission checks for arithmetic, value ranges and VAT-rate anomalies, before you make HMRC's legal declaration.

Your HMRC account at a glance

See each company's open periods, filed returns, liabilities, payments, penalties and VAT registration details, without logging in to the HMRC website.

A receipt for every return

A branded PDF receipt is created the moment HMRC accepts a return — form bundle number, processing date, charge reference and the fraud prevention headers sent. If enabled, it's checked straight into IFS Document Management against the tax proposal too.

Built on your IFS proposal

The nine boxes come straight from the IFS Tax Return Proposal your team already prepares — nothing to re-key into a separate tool.

Built for groups of companies

Manage every company and VAT registration number from one app. Switch between entities in a click, each with its own IFS company and tax template.

Secure by design

IFS single sign-on and HMRC OAuth. Credentials are encrypted with Windows data protection, and every call carries HMRC's fraud prevention headers.

Sandbox for training

Practise and demo against HMRC's sandbox with test users before anyone goes near a live return.

Easy to deploy

Branded MSI and setup EXE installers, with licensing tied to each machine.

How it works

Four steps from proposal to filed

Read from IFS

Enter the proposal ID. V2 MTD signs you in to IFS Cloud and reads the nine VAT boxes.

Match the period

Your open obligations come live from HMRC. If more than one is open, you choose the period the return covers.

Check & declare

Automatic checks flag errors and anomalies. You confirm the figures and make the legal declaration.

Submit & keep proof

The return is filed with HMRC. A branded PDF receipt is created as your record.

Screenshots show a fictitious company and data for illustration only. IFS and IFS Cloud are trademarks of IFS AB. HMRC and Making Tax Digital are used to describe compatibility with HMRC's public APIs.

Use of V2 MTD is governed by the V2 MTD Terms & Conditions.

See V2 MTD with your own IFS Cloud data

Contact V2 to book a demonstration or a sandbox trial.

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