SME’s with legacy IT systems have been given a further year to comply with complex new digital tax rules
HM Revenue and Customs (HMRC) introduced the new Making Tax Digital (MTD) programme in April 2019. Since then, most self-employed people and business owners with a turnover above the £85,000 VAT threshold have been forced to file their returns online using specialised software.
In a recent update from HM Revenue & Customs (HMRC), some care is needed when ‘signing up’ for Making Tax Digital.
Manage your business finances with online accounting
We have formed a partnership with Twinfield, the leading European market leader in online accounting. This service is available for a monthly fee and removes the need for you to acquire costly and restrictive accountancy software. The service can be integrated with over 20 banks, significantly reducing staff time and eliminating human error caused through re-typing statements and payments. The cloud–based service can be accessed through our website and we offer training and support with your ongoing needs.
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