In 2018, the government has stated it’s intention to proceed with it’s plan they call Making Tax Digital (MTD). It has pretty much gone under the radar with the general public, but this is a big deal.
This effectively means that businesses will have to file their income and expenditure every 3 months online as opposed to every year.
We have worked on solutions to this so that we can carry out the work without our clients having to pay us significantly higher fees. To achieve this, we have partnered with Quickbooks online, the best known of all the Cloud Bookeeping providers.
Here’s how we simplify the work flow:
- We link your bank account to the software so that your transactions flow through to the software. Bank statements will be a thing of the past.
- You invoice your clients from the software or from your phone
- You use the phone app to take a picture of your receipts – no longer do you need to keep the volumes of paperwork
- We will train you how to use the software either at our offices or remotely through skype.
Just contact us to get yourself MTD compliant