Making Tax Digitial VAT software for UK law firms 

Stress-free VAT filing for law practitioners. Our legal accounting software gives you the power to calculate your law firm’s VAT and submit returns to HMRC in minutes. MTD-compatible VAT submissions are just a click away, with Lawsyst. 

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File accurate tax returns on time with Lawsyst

 

Automatic VAT calculations when posting to ledgers 

Lawsyst makes it easy for law firms to manage their VAT obligations. Our platform automatically calculates the VAT you need to charge for services rendered, as well as keeping a record of the VAT you've paid to your suppliers. With less pressure on your firm to manually calculate VAT and increased confidence that your figures have been arrived at correctly, you will no longer need to worry about making mistakes and can focus instead on delivering the best outcomes for your clients. 

 

Effortless VAT submissions to HMRC

Whether your firm follows standard VAT accounting, or other schemes such as the VAT Flat Rate Scheme or VAT Annual Accounting Scheme, Lawsyst takes the complexiting out of submitting VAT returns. Our integrated functionality gives you the tools to make seamless VAT submissions to HMRC directly through the Making Tax Digital portal, ensuring that your filings are always on time and compliant with the latest regulations. Stop worrying about complex submission requirements and financial penalties and start saving time with Lawsyst.

 

Create regular VAT filing reminders

With Lawsyst, you will always be ahead of your VAT submission deadlines. Our platform allows you to schedule automated reminders well in advance of your upcoming VAT returns, whether you need these a week before, a few days ahead of time, or on the day of submission itself. These proactive notifications will ensure that your firm is never caught off guard when it comes to VAT filing, helping you maintain smooth operations and avoid unnecessary stress.

 

Precise record of your firm's VAT submissions 

Lawsyst provides a detailed and accurate record of all your VAT submissions, so you can track exactly how much VAT has been charged to clients and paid to suppliers over a specific period. This allows your law firm to maintain a comprehensive overview of its VAT activities, and enjoy transparency and clarity at all times. With Lawsyst, you can easily generate reports that show your VAT history and ensure that your financial records are always up to date and compliant with HMRC's requirements, making internal and external audits straightforward and hassle-free.

 

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Why UK law firms use our digital VAT software

  

Stress-free VAT management

By calculating VAT automatically, Lawsyst makes it easy for law firms to submit accurate VAT submissions to HMRC via the MTD portal. Whether you’re billing clients for legal services or managing supplier invoices, we will ensure that all VAT amounts are correctly applied and recorded, minimising the risk of committing errors when entering data manually. With Lawsyst, managing VAT becomes a seamless part of your firm’s everyday operations, allowing you to focus on your clients and your business growth.

 

Enhanced data security

With Lawsyst, you can rest assured that your firm's financial data will remain highly secure at all times. Our legal accounting software is built with the highest standards of security and uses state-of-the-art encryption technology to protect sensitive information from unauthorised access. No matter which area of law you specialise in, you can trust us to safeguard your privacy and allow you to deliver outstanding legal services to your clients without worrying about data breaches or cyber attacks.

 

Visible audit trail

With Lawsyst, maintaining a clear and accessible record of your financials is simple and efficient. Our software provides a visible audit trail, allowing lawyers and accounting staff to easily access all key financial records whenever and wherever needed. This makes it easier for your firm to stay compliant with HMRC, conduct audits, and prepare for external financial reviews. 

  

 

Frequently Asked Questions
What is VAT return software?

VAT return software is a tool that helps law firms automatically calculate, file, and submit their VAT returns to HMRC, streamlining the process of mandatory VAT reporting.

How will VAT return software benefit my law firm?

Our VAT submission software simplifies the process of preparing and filing VAT returns, reduces the risk of error, and helps your firm stay compliant with VAT regulations. It also saves time and reduces administrative workload.

How does your software help my firm calculate VAT?

Lawsyst automatically calculates VAT based on the rates applicable to your firm’s transactions. It can handle standard-rated, reduced-rated, and exempt supplies, depending on the nature of your services.

Can your software handle VAT for different practice areas?

Yes, our VAT submission software allows law firms to track VAT by different practice areas (e.g., litigation, corporate law, or family law) to ensure that each area’s VAT treatment is accurately recorded and reported.

How does your software help with VAT on client disbursements?

Our VAT return software can track VAT on client disbursements, ensuring that VAT is applied to expenses like court fees, expert witness costs, or filing charges, and that these amounts are correctly billed to clients.

Can I generate VAT reports using this software?

Yes, Lawsyst allows you to generate detailed VAT reports, including summaries of VAT on sales and purchases, VAT due, VAT paid, and any adjustments needed, ensuring accurate reporting and filing.

How does your software ensure compliance with VAT regulations?

Lawsyst software is designed to stay updated with the latest VAT rules and regulations, ensuring that your firm remains compliant with UK law. It automatically adjusts VAT calculations based on any changes in VAT rates or reporting guidelines.

Can VAT return software help with VAT audits?

Yes, our software keeps a detailed record of all VAT-related transactions, providing an audit trail that can be accessed in case of a VAT audit. It makes it easier to show the authorities that your VAT returns are accurate and compliant.

Is your software compatible with HMRC’s Making Tax Digital (MTD) requirements?

Yes, our VAT submission software is compatible with HMRC’s Making Tax Digital (MTD) for VAT, allowing law firms to submit their VAT returns directly to HMRC electronically, as required by law.

Can I submit VAT returns directly from your software?

Yes, you can generate and submit your VAT returns directly through our software, which is integrated with HMRC’s online portal, reducing the risk of late submissions and ensuring smooth filing.

How does your software track VAT payments and refunds?

Our software keeps a record of all VAT payments and refunds, automatically reconciling them with your financial data to ensure that your accounts are up to date and that payments are made or received on time.

Can your software handle different VAT rates (e.g., standard, reduced, zero rate)?

Yes, our VAT return software can manage multiple VAT rates, including standard, reduced, and zero-rated supplies, ensuring that all applicable VAT rates are accurately applied to the correct transactions.

Does your software allow for manual adjustments in case of errors?

Yes, Lawsyst allows for manual adjustments if errors are found in VAT calculations or if there are changes to the transaction details. We help ensure that your VAT returns are correct before submission.

If there’s anything we haven’t covered here or you have any specific questions about your account, just let us know and we’ll be happy to answer them. If you’re not a customer yet but curious about our plans, contact us