Making Tax Digital for business
You will be aware that HMRC have introduced a new system that will be replace the annual tax returns. The aim is to “Make Tax Digital” by 2018, and to have the majority of businesses using cloud accounting software that will enable them to update their tax account quarterly.
HMRC do not offer their own cloud accounting software, so you will need to set this up and preferably before your next year end so as to make the transition to the new software smoother.
Our team at Wellway can help advise you on which software would be best for your company. And we also offer help with the initial set up and ongoing training for you and your staff.
The sooner you begin to get the ball rolling, the better.
So call us today on 01670 514433 to book your initial meeting.
If you already have cloud accounting software with either Sage or Xero, you can find the links on our home page. Just simply click on the corresponding logo.