When to move to digital…
We we’ll help you convert to the cloud because tax is changing, and digital finance is becoming mandatory, so future proof your finance functions with us.
Making Tax Digital (MTD), the governments new plan to make it easier for businesses to stay on top of their accounts is coming into action. So, what does this mean to you? It is a requirement for all VAT registered businesses with a turnover of above £85,000 per annum to submit their VAT returns digitally, using MTD-compatible software from April 2019.
So how can we help? By choosing Marsh Horizon as you cloud accountants we will make a start and begin moving your finance function and accounting online. Not only will it improve your businesses efficiency, it will likely boost profitability and, by starting early, make the inevitable switch over a lot smoother.
Starting your cloud accounting process is important, Making Tax Digital is already in place and will gather pace…
- April 2018 – Pilot Scheme (Small scale pilot testing)
- April 2019 – VAT (Quarterly returns filed online)
- April 2020 – Corporation/Income Tax (Sole traders/partnerships between £10k & £83k)
As proactive cloud accountants, we support and work with all the mainstream cloud software packages, it doesn’t matter if you are new to it and want us to set it all up or if you’ve already subscribed to a particular platform; our team are all experienced and will simply take the reins.