MTD for VAT is coming!

What is “Making Tax Digital”?

Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the whole process of administering tax simpler and more efficient.

 

How does MTD for VAT work?

Tax returns will have to be submitted digitally via MTD-compliant software and all business-related transactions will have to be recorded digitally.

There are exemptions, but nearly every UK business will be affected. If your business has a turnover above £85,000, you will need to start planning for digital tax now.

 

How we can help you with the transition to MTD

We’re her to help and support you for everything MTD-related. Whether that’s planning for the switch-over, upgrading your software or providing training, we offer:

  • A comfortable transition – we have all the information and tools you need to transition to be MTD-ready.
  • Greater efficiency – we have the software you need to prepare and file your business returns faster and easier.
  • Peace of mind – from day one of using our services we are ready to guide you through the process.

 

MTD for VAT accounting software that works for you

We’re a QuickBooks Gold tier partner. As the world’s no. 1 accounting solution, QuickBooks can save you time and give you the best HMRC recognised accounts package.

We offer all clients a discounted subscription, which can save you time and give you greater visibility of your business finances.

 

Please contact us to find out more about getting MTD-ready, or about switching to QuickBooks Online.

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