Prepare for Making Tax Digital -MTD, of 01-April-19 will soon be upon us. HMRC have started sending out nudge letters to VAT registered businesses. We have already registered our own clients with HMRC and migrated them over to our preferred platform of choice, Xero.
Here at I Hate Numbers we’d love to share our expertise and knowledge to help you on your digital journey.
Making Tax Digital
Moving to Xero makes sure that you keep up with your compliance obligations. As well as, it being a great opportunity to streamline your accounting and business management. Along with, getting MTD compliant, it provides a great opportunity and reason to review. Also, if necessary, make your current accounting and business systems fit for purpose. Software, such as Xero makes record keeping more efficient. As well as, giving the ability for processes and systems to be automated and streamlined. Along with, gaining more financial insight into your business, and your business will be MTD compliant.
Speak to us to help you make that transition from whatever system you are using at present, whether its paper based, spreadsheet or other. If you wish you can maintain a history of transactions, introduce more efficiency and automation in processes and get ongoing support then talk to us.
Cloud Accounting Can Help
Cloud accounting platforms like Xero plays an important part in achieving efficiency gains. When we implement Xero for clients, we also look at how they currently work, and help them to look at new ways of working, and to achieve greater efficiency, time savings and profits.
Get in touch with us to find out more about how we can help you with Making Tax Digital. For more business and finance , news, advice and tips, don’t forget to watch our weekly broadcasts, listen to our weekly podcast I Hate Numbers.
Plan It, Do It & PROFIT!