Cygnet R7VAT

Cygnet R7VAT is software for preparing and managing UK VAT returns. It is recognised by HMRC for Making Tax Digital and takes an automated approach to VAT compliance.

Features

• VAT return preparation: produces and manages returns for the UK.
• Automated compliance: reduces manual handling of VAT tasks.
• Group structures: supports parent and member company arrangements.
• Multiple entities: copes with several business entities in one setup.

Customers and markets

The product is built for large enterprises with high transaction volumes and tax teams that work from one place or are spread across sites.

Key facts

• Recognition: HMRC Making Tax Digital for VAT
• Market: United Kingdom
• Maker: Cygnet, an IT and tax technology group