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Cloud accounting systems provide businesses with enormous benefits compared to traditional desktop packages.
If you would like to find out more about how we can support your business with cloud accounting, speak to us today:
As a digital age firm, we support our clients in the transition from desktop accounting packages to cloud accounting packages to not only ensure they comply with the Making Tax Digital legislation, but to also reap the many benefits that cloud accounting can provide.
We are proud to be QuickBooks Online Platinum Partners but that doesn’t mean we just work with one accounting software; in addition to Quickbooks, Sage, Kashflow and Xero, we are very open minded to new developments and alternative software – so please just let us know if you have a preference and we’d be happy to look into it.
HMRC have now introduced Making Tax Digital (MTD) for VAT Returns.This means that digitally compliant software is now essential for VAT Registered businesses. We have been preparing for Making Tax Digital for months, working with both clients and the team alike, to make sure that everyone is ready.
In the run up to going live, HMRC reported that over 3,000 businesses were signing up for the scheme each day. We’re here to help, so if you have any questions regarding how this might affect your business, then please call us.
13 Jul 2020
The tax gap fell to an estimated 4.7% for the 2018/19 fiscal year, its lowest recorded rate, according to the latest data from HMRC.
If you wish to talk to Sheards over the phone, request a call back using the form below.