MTD VAT Centre

This form is accessed from the Administration group in the Pegasus Opera 3 navigation bar.

You must install Pegasus Scheduler (2.20.10+) to use the MTD VAT Centre. Instructions are in the Opera 3 Installation guide at docs.pegasus.co.uk.

Radio buttons

Radio button	Description
Not Committed	This radio button is selected automatically if VAT data for the current VAT period has not been committed to the VAT Return.
Committed	This radio button is selected automatically after VAT data for the current VAT period has been committed to the VAT Return.
Previous submissions	To view box values for earlier VAT periods, select this radio button and then click the VAT period you are interested under Previous submissions.

Radio button

Description

Not Committed

This radio button is selected automatically if VAT data for the current VAT period has not been committed to the VAT Return.

	To commit column	All companies column (group company)	Submitted column (subsidiary company)
Group company	Only includes values to commit to the VAT Return for the group company.	Includes values to commit to the VAT Return for the group company and subsidiary companies.	Not displayed for a group company.
Subsidiary company	Only includes values to commit to the VAT Return for the subsidiary company.	Not displayed for a subsidiary company.	This column is used when the Previous submissions radio button is selected.

Committed

This radio button is selected automatically after VAT data for the current VAT period has been committed to the VAT Return.

	Group committed column (group company)	Committed column (subsidiary company)	To submit column
Group company	Includes committed values for the group company and subsidiary companies.	Not displayed for a group company.	Includes committed values to submit to HMRC for the group company and subsidiary companies.
Subsidiary company	Not displayed for a subsidiary company.	Includes committed values for the subsidiary company only.	Includes submitted values for the subsidiary company.

Previous submissions

To view box values for earlier VAT periods, select this radio button and then click the VAT period you are interested under Previous submissions.

The columns displayed for previous submissions are Committed and Submitted.

For group companies, the columns include values for the group and subsidiary companies.
For subsidiary companies, the columns include values for the subsidiary companies only.

Actions

Menu item	Description
Commit	This commits the VAT transactions to the VAT Return period using the relevant VAT data from the Sales Ledger, Purchase Ledger and Nominal Ledger. This item is disabled when all VAT data has been committed to the current VAT period.
Adjust committed	This is used to amend the VAT Return at the end of a VAT period after committing your VAT data but before submitting it to HMRC. The tax point date used for adjustments to committed VAT is the final day in the VAT period. With Making Tax Digital for VAT the only permitted way to do this is by using this screen rather than amending the values directly. In earlier versions of Pegasus Opera 3 you could amend values directly in boxes 1 to 9 on the VAT Return screen. This item is enabled if the Committed radio button is selected. However, the menu item is always disabled if the company's VAT data is consolidated into a group company, in other words when a company is a subsidiary for VAT purposes.
Adjust uncommitted	This is used to amend the VAT Return before committing your VAT data. You can use any tax point date in the current VAT period when posting the adjustment. This item is enabled if the Not Committed radio button is selected.
Summary	This form displays summary VAT values for boxes 1 to 9. Subsidiary companies are displayed separately. If VAT values have been imported, the date and time of the import is displayed, plus the import comment instead of the company name. To print a report or save the details to a spreadsheet, use the print icon on the toolbar.
Submit to HMRC	This submits the VAT Return to HMRC using the communication software for Making Tax Digital for VAT in Pegasus Scheduler 2.20.10+. When you submit your VAT Return to HMRC you are making a legal declaration that the information is true and complete. If you're an agent submitting the return for a client you must make a copy of the information available to the client. The client must approve the details in the submission.
View HMRC Receipt	This is a read-only view that displays the detailed response from HMRC when a VAT Return has been submitted. This information may be needed if HMRC asks you to provide evidence of a submission.
VAT Reports	This includes audit reports of invoices, credit notes and journals for the selected period, plus reports that list supply and VAT values for each VAT code. To print the paper VAT Return in the pre-MTD format, use the print icon on the toolbar.
EC VAT Maintenance	This includes maintenance screens for recording codes for EU trade - Countries, Transport Modes, Transaction Nature, Delivery Terms and Commodity Codes. Available if EC VAT is included in the activation.
EC VAT Reports	This is where EC Sales Lists and Supplementary Declarations are filed with HMRC. The reports available here are controlled by relevant options selected on the Company Profiles screen. Available if EC VAT is included in the activation.
VAT Codes	This is where you create the VAT codes you need to post VAT transactions and adjustments.
Import VAT Values	This imports VAT Return values boxes 1 to 9 into the current VAT period using a comma separated values (CSV) file. This file will have been created outside of Pegasus Opera 3, possibly in a spreadsheet or a different accounting solution. This means that you can use Pegasus Opera 3 as bridging software between another accounting solution and HMRC. This wizard is available if the 'Advanced MTD' feature is activated.
VAT Snapshot	This is where you can take a snapshot of VAT return data as at any particular tax point date. If previous snapshots have been taken, then the most recent snapshot tax point date will be displayed on the form with the from & to tax point dates set accordingly. The VAT data selected will be updated with the tax point date up to which the snapshot was taken. This will help VAT reconciliation with the Nominal Ledger. Existing VAT reports will have additional criteria allowing the user to select data based on whether and when it was included in a snapshot.
Authorise	When you open the MTD VAT Centre for the first time you will be asked to authorise your Pegasus Opera 3 software so that VAT Returns can be submitted to HMRC. This must be done before the other features of the MTD VAT Centre can be used. This menu item should be used if your installation of Pegasus Opera 3 has not yet been authorised by HMRC. The authorisation will be recorded for the active Opera 3 user. When you use this command, you will be taken to a GOV.UK page to authorise your software. You will need to sign in using your Government Gateway credentials or agent credentials if you're acting as an agent.