How can I remain compliant?
Businesses and individual taxpayers will have to register with HMRC to use the new system. They will then have access to pre-populated information and can make submissions or updates at any time.
A cloud accounting package can help you to make a seamless transition to the new regime, but isn’t just useful for the new tax regime. While cloud packages allow you to make accurate submissions, they also offer real-time information about your accounts, so that you know exactly where you stand at any time.
If you’d like to transition to a cloud-based system, we can talk you through the options. We are proud to be a Xero gold partner and support Sage Business Cloud. These are our preferred software packages, but we will support others such as Quickbooks and Sage 50c if that is your preference. We set the system up for you and provide full training so you can make the most of the information at your fingertips.