Cloud Accounting and Making Tax Digital

The administration of the tax system is going through a fundamental change, starting with Making Tax Digital (MTD). In addition, cloud accounting is revolutionising the way we prepare accounts.

Making Tax Digital (MTD) for VAT is mandatory for businesses with turnover above the VAT threshold (currently £85,000). 2019.

What does this mean for you?

This means you will be required to keep track of your tax affairs digitally using MTD compatible software, and to update HMRC at least quarterly via your digital tax account.

How can we help?

We will assess your existing systems and recommend the most suitable MTD compliant software for your business.

We will set it up in the most suitable way for your business and transfer data from existing software if required.

We will train you in using the software and provide ongoing support.

In many cases we can drastically reduce the amount of time you spend on your bookkeeping by automating the data entry.

What do you do next?

Contact us to arrange a free no obligation meeting.