MAGIC TAX
Magic Tax - Bridging software developed for Keyloop DMS solution users
MAGIC TAX FOR USERS OF KEYLOOP
FEATURES
The best bits…at a glance
HMRC Recognised
Magic Tax is an HMRC-recognised, secure, web-based solution for Keyloop users to file VAT returns digitally and comply with MTD for VAT legislation.
Quick & Easy to Use
Registering and set-up is quick and easy. Then simply upload your ‘VAT Summary Report’ in the exact format, as extracted from your Keyloop system – Magic Tax will do the rest!
Free trial & Simple Pricing
Keyloop users can take advantage of a 3-month free trial, then the Magic Tax annual licence starts from just £99 per quarterly submission.
Compliant
No requirement for manual manipulation, formulas or copying & pasting data = no room for errors! Magic Tax ingests the Keyloop extract in its original format.
FIRST 3 MONTHS FREE!
Magic Tax is an HMRC- recognised Bridging Software Solution, developed for Keyloop users.
The solution will ingest your Keyloop VAT Summary Report file in the exact format, as extracted from the Keyloop solution (.CSV)
Magic Tax uses the data from the file to calculate your VAT return and allows the user to make the submission to HMRC quickly and easily with no manual manipulation of the data required – meaning no possibility of errors or omissions.
MAGIC TAX FOR USERS OF KEYLOOP
IS MAGIC TAX FOR YOU?
MAGIC TAX
Magic Tax for users of Keyloop is bridging software – developed specifically for Keyloop Drive & Autoline users to simply ‘bridge the gap’ between your Keyloop solution and the HMRC’s gateway.
The solution is compatible with the following Keyloop solutions…
Keyloop Drive
Keyloop Drive DMS solution is all about controlling your sales pipeline, meeting customer expectations and giving a single view across departments and functions.
Magic Tax will enhance the Drive user-experience, by allowing you to upload the VAT Summary Report in the exact format it is downloaded from Drive.
Keyloop Autoline
Magic Tax is also compatible with Keyloop’s Autoline DMS solution.
If you use both Drive and Autoline (formerly Rev8) solutions within your business, you can also merge VAT Summary Reports from both solutions within Magic Tax to create one VAT return.
MAGIC TAX
TESTIMONIALS
Comments from Keyloop users:
SAGA Truck & Van
Russell Treasure - MA
”10/10 Performance”
“We have been using Magic Tax for a couple of years now and it has made submitting VAT returns a simple process.
The team is always very helpful and quick to answer questions and the website is easy to use.
Absolute 10/10 performance.”
Breeze Motor Group
Karl Brown - Financial Director
"Takes the pain away from submitting VAT returns"
“Magic Tax takes the pain away from submitting our VAT returns.
The simple yet robust system allows us to consolidate different branches with the same VAT number with ease, still compliant with MTD legislation.
Magic Tax is completely flexible, allowing dealers to adjust tax groups/codes to suit their Keyloop set up.”
Lowdhams Leisureworld
Nick Swainson - Group FD
"Simple to set up and use"
“Magic Tax was both simple to set-up and simple to use for submitting my VAT returns.
Lowdhams has two separate VAT registrations and through the software I was able to easily authorise Magic Tax to interact with HMRC on our behalf. I then added the Keyloop VAT groups and codes to complete the set-up. For each return it was then simply a matter of making the appropriate adjustments in Keyloop and then a few clicks to upload the VAT summary I’d saved on my computer and submit! Job done.”
Viking Garages Ltd
Linda Gemmell - Accountant
"Magic in name and magic in operation"
“I have been using Magic Tax to submit my VAT returns from Keyloop Drive, digitally since March. I have to say Magic in name and Magic in operation.
This is a programme designed to retrieve the information and give it over to HMRC in a simple way. The team at Magic Tax are approachable, friendly, helpful, and knowledgeable.
Once I know what has to be adjusted (Fuel and Scale charge, timing differences etc) I put it through in Drive and the VAT Reconciliation gives the adjusted figures – I upload … and its done! I was wary at first but Nicki basically held my hand … and now I’m swimming away quite happily.
Very happy to recommend this company and software for MTD with CDK/Keyloop.”