Making Tax Digital – More Information

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Making Tax Digital Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their accounts. HMRC’s plan is to become one of the most digitally advanced tax administrations in the world. MTD is making fundamental changes to the way the tax … Read More

Sage win Accountancy Software Provider of the Year 2018

British small business awards logo

Sage win Accountancy Software Provider of the Year 2018 The British Small Business Awards event is now in its third year. The awards celebrated the UK’s small business sector. They recognise Britain’s best sole traders, micro businesses and small companies, as well as the services of the providers and advisers that support them. At the start of 2017, there were … Read More

Making Tax Digital-Are you ready?

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Making Tax Digital – Are you ready? With the ever looming deadline approaching, 1 April 2019, VAT-registered businesses in the UK will need to submit their VAT returns using “functional compatible software”, as part of HMRC’s Making Tax Digital (MTD) plans. One thing to remember is that from April 2019, if your VAT turnover is above the VAT threshold (currently … Read More

The 4 Foundations of Making Tax Digital

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The 4 Foundations of Making Tax Digital Making Tax Digital for individuals The Personal Tax Account brings together each customer’s information into one place online. It allows customers to access the service from a digital device of their choice and a time that suits them. It enables them to register for new services, update their information and see how much … Read More

Making tax digital – Your journey

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Making Tax Digital Making tax digital is HMRC’s way to digitise tax. Therefore, from April 2019 businesses with a turnover above £85k must submit VAT returns through the HMRC gateway. Businesses would do this using commercial accounting software like Sage. 89% of UK business will consequently change the way that they process their tax. If you’re going to be impacted … Read More