Making Tax Digital

Digital tax is the method of providing HMRC with your information
by submission from compatible software.

How will it affect me?

If you are currently recording and submitting your information in a paper-based format, you will soon need to convert it to digital records.

Whilst many people are apprehensive about this process, it should, if correctly implemented, save time and money in the long run.

In 2020 it is proposed that tax-payers will be required to provide returns on a quarterly basis.

By producing your books using digital accounting software, this information can be submitted with the click of a button.

By keeping the records up to date you can see the company or sole trader’s financial position and profitability in a real time basis. This has the added benefit of enabling you to react accordingly to increase profit and plan ahead to pay your tax bill.

How we can help

At Accounting Revolution, we can provide you with the necessary services to convert to digital accounting.

We use a range of software products and will be able to tailor one to work for you.

We offer a wide range of services from set up and support through to full Bookkeeping and Accounts Production.

We provide a professional service at an affordable rate. We will be here for back up and can also provide staff to work on site if required.

Get in touch & let's start the
accounting revolution!

We Look forward to working with you.