VAT | ARKK

Does it affect me?

About 50% of businesses in the UK are registered for VAT. If a business is VAT registered, you are required to submit VAT returns to HMRC which are compliant with Making Tax Digital for VAT (MTD for VAT) which was introduced in April 2019.

What do I need to do?

MTD for VAT requires business to keep their records digitally and provide a VAT return to HMRC through MTD compatible software monthly, quarterly or annually depending on your registration. Using ‘cut and paste’ or ‘copy and paste’ to select and move information during a VAT process, either within a software program or between software programs is not considered a digital process by HMRC and is not MTD compliant.

What's the deadline?

You should check your VAT return submission and payment deadline in your HMRC online account. As a general rule, the due date to submit and pay VAT returns in the UK is the 7th day of the second month following the reporting period.

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Data aggregation

The Platform is source agnostic, it uses an advanced engine to aggregate and transform raw data eliminating the need for data manipulation, eliminating errors and saving time.

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Error detection

Our AI-powered consistency checker finds the “unknown unknowns” by running a line-by-line check on all transactions flagging any inconsistencies.

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Automated calculations

The Platform automates complex and bespoke calculations, including PESM adjustments, ensuring a fully MTD compliant digital journey and submission.

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HMRC recognised

Our software is recognised by HMRC, with an API connection straight to HMRC for UK VAT filings.

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International GST

ARKK support GST returns in multiple jurisdictions across the globe. The flexibility of the Platform allows us to tailor inputs and outputs to meet your compliance needs.

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Comprehensive reporting

Tailor reports to your needs. The Platform supports multiple outputs including VAT returns for multiple VAT groups or foreign jurisdictions including intrastat reporting.

The information that came back from ARKK was so clear and transparent.

Kreeson Thatiha, Head of Finance and Client Money, eToro

I was continually reassured of ARKK's technology and their commitment to customer service.

Darryl Alford, Finance Manager, DPD

ARKK were prepared to be more flexible with how we worked and how we were set up.

Alistair McClelland, Head of Tax, The University of Edinburgh

Simply outstanding service and a real pleasure to work with.

Chris Parsons, Production Director, Radley Yeldar

ARKK are extremely responsive and supportive partners.

Janette Moriarty, Group Financial Reporting Director, Kerry Group

ARKK are invaluable to us… I wouldn't consider another project without them.

Valentin Ramousse, Head of International Business Development & Partner, Emperor Works

The speed and accuracy of implementation was incredible.

Akash Kalaiya, EMEA Tax Manager, Universal Weather and Aviation

Lighten the
VAT load

What is it?

VAT: What you need to know

Our solution

How ARKK solves the VAT/GST burden

ARKK supports
jurisdictions across
the globe, including: