Our dedicated online accounting services team can help your business select the most appropriate software package, whilst tailoring it to your exact requirements and providing the training to get you going.
Making Tax Digital for VAT is mandatory for all VAT-registered businesses, requiring all VAT returns to be submitted using MTD-compliant software.
Making Tax Digital is extending to other areas of tax, the next big one being, ITSA (Income Tax Self Assessment) in April 2026.
Cloud accounting software is accounting software that is hosted on remote servers. It provides accounting capabilities to businesses in a fashion. Data is sent into "the cloud" where it is processed and returned to the user. Xero, Quickbooks and FreeAgent are primarily the cloud packages we use which we will assist in selecting the most suitable software for you.
Unless your VAT returns are being submitted by an agent then you will need to create a government gateway ID. We do however recommend that all businesses set up a government gateway ID regardless of this so that you can supply HMRC with bank details for Direct Debit payments and automatic refunds.
Spreadsheets can be used to keep digital records – businesses will still need bridging software to submit VAT Returns digitally. However, we recommend using cloud accounting software from the outset.
You will have bank feeds, rules and live reconciliation which will speed up the processing and give you timely up-to-date information. You can log in anytime, anywhere with an internet connection. You are no longer tied to your office. You no longer have to worry about updating your pc(s) and network – bonus!
The same information as before – the standard nine-box values, plus details identifying your business. Additional information might be required in the future, but the details and timings haven’t been specified
Please provide the information below to access your download.