Making Tax Digital and Online Accounting
Since the start of April 2019 making tax digital (MTD) has become a reality. MTD is part of HMRC’s transformation of our tax system, making fundamental changes to tax reporting and compliance.
VAT registered businesses with taxable turnover above the VAT threshold are the first affected with others to follow. Whilst the transition to having fully digital accounting systems will not be without its challenges we believe it provides our clients with a unique opportunity to streamline their business processes and we are committed to working with you to make this transition as smooth as possible.
If you are interested in taking advantage of the business improvement opportunities available and making the best use of your cloud accounting options, or just fancy a demo, call us now.