Making Tax Digital is important. HMRC is changing the way businesses need to account for tax and by April 2019, all VAT registered businesses will need to do their accounts online. Therefore, if you are VAT registered, you need to move to digital record keeping for your day-to-day accounts before the deadline. If you do not currently use a digital accounts system, we can get you online to comply with the upcoming legislation.
To comply with the new legislation and move your accounts online, you will need to choose the right accounting software for your business. Making Tax Digital does not have to be as scary as it sounds as there are numerous packages out there which are cost-effective and easy to use. Take a look at Xero, Quickbooks and Sage, and get in touch if you would like any information or advice.