Making Tax Digital – Time to run your business differently?

So you have been successfully running your business for a number of years and now HMRC have introduced a making tax digital initiative which is going to change how you do things for the future.

You are now expected to start keeping digital records of your accounts, so what is the next step for you and how can we help? The good news is you still have 12 months to get this sorted and Whiting & Partners are happy to help you through as much of the process as you need us to!

The next steps are simple, take advantage of some events and offers we have:

• Free making tax digital seminars – we will be holding free seminars to all our clients starting now and moving through the next month across many of our office locations. Here you will find all the information on MTD and you can ask any queries you may have about implementing systems or general information.

• Set up one of our free 1 hour MTD health checks – call your local office and arrange a free consultation with a specialised MTD consultant who will talk you through the next steps and guide you on which software to use and how/when to implement these into your business.

• Training & Set up – Once you have chosen which cloud package you wish to use, we can then provide you with assistance with set up or complete all the set up on your behalf. Then we can train you and your staff the best ways to use whichever system you have decided.

Once we have given you all the facts about the MTD and what is expected of you then you may decide to outsource your bookkeeping in the future. Again this is definitely a conversation to have with your consultant, you may be surprised how little extra it will cost you to let us do all of the work for you. Giving you all the time to focus on running your business and making it grow.

Disclaimer - All information in this post was correct at time of writing.