News

Touchstones’ NavOne HMRC-approved for Making Tax Digital

Announcement: Touchstone are pleased to announce NavOne has been listed as an approved record keeping application by HMRC to allow submission of business or individual VAT Returns as part of its Making Tax Digital initiative.

Wealth managers using NavOne can now leverage the system to submit UK VAT returns more efficiently and take advantage of the platforms’ robust record-keeping capabilities.

Touchstone Technical Services Director, Adrian Akers commented: “Through Making Tax Digital (MTD) the UK Government has set out an ambitious vision to make tax administration simpler, more effective and more efficient. They are seeking to end the use of the tax return and transform the tax system by 2020 and Touchstone are committed to innovation and to aligning with this vision in evolving our NavOne solution. It is another great endorsement of our platform as being at the forefront of modern wealth administration systems.”

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