You will be able to set your VAT period. This will then enable you to view how much VAT you currently owe HMRC or how much you can potentially claim back from HMRC. This feature will help you manage your finances as a business owner.
As VAT registered businesses you will be able to view the VAT you owe to, or can claim from, HMRC. Initially this only supports the quarterly accrual accounting scheme. If you are not on this scheme you will still be able to know your VAT deadlines and the VAT you have paid or claimed back in previously submitted VAT returns through the Making Tax Digital service.