Digital accounting is becoming the norm, but we still see so much confusion over financial cloud software. Getting the most out of cloud software or switching to it may seem daunting if the old systems are all you’ve ever known, so we decided to get in front of the camera and bust a few myths. It is a great opportunity for your business and we’re determined to help you realise it. So, what is Making Tax Digital? And are you ready for it?
‘Making Tax Digital’ is a UK government initiative that sets out a vision to be the ‘end of the tax return as we know it’. It aims to implement a ‘transformed tax system’ by 2020. HMRC aims to make tax administration much more effective, efficient and simpler for the taxpayer. The changes apply to a wide range of taxpayers including most businesses, micro-businesses, self-employed people and landlords, as well as individual taxpayers.
So, whether it’s optimising cloud software or getting your head into the cloud, we can help you get the most out of Making Tax Digital. Trust us, it genuinely isn’t as scary as it sounds and it will make life easier, allowing business owners to get on with what they do best.
Fancy 50% off a subscription with either Xero or Quickbooks? There’s limited availability so be quick! You can find out more by emailing us at firstname.lastname@example.org or over the phone by calling 01872 267 267. Alternatively, visit our contact page.
Almost 1 million late filing penalties were imposed by Companies House in January 2020.
All workers must be automatically enrolled onto a qualifying pension scheme. Let us take this off your hands.
Cloud accounting has become a necessity. While it may still seem daunting to some, we are here to enable you and your team in becoming cloud experts.