Making Tax Digital Services
If you are a VAT-registered business over the £85,000 threshold there are major legislative changes coming that will affect your business. Making Tax Digital is the biggest change in UK VAT legislation in recent history and means that from April 2019 businesses above the VAT threshold (£85,000) will need to submit their VAT Return through commercial software
If you don’t currently use software to submit your VAT return it can mean major changes and decisions about how you will continue with your book keeping. This may be as simple as upgrading your existing software or it may mean switching to a completely new way of keeping your records.
There are various different options out there and choosing the right one for you may be daunting. Although you will no longer be able to keep manual records, there are now options which enables you to continue using spreadsheets if you choose to do so.
Whatever the size of your business we can offer advice and discuss the options that are available to you. As well as saving you time and effort we can help you make the right choice.
If after hearing all your options you decide that you require further assistance, we also offer book keeping services allowing you to concentrate on your business.