Come April 2019, if your company is VAT registered, with a turnover of £85,000 or more, you will be required to send a quarterly VAT statement to HMRC electronically. You will also be required to send an End of Year Statement.
Making Tax Digital is a major change where you have to electronically report your VAT returns through a HMRC digital gateway.
This change will force companies to make decisions that will have a ripple or perhaps even a tidal effect right through the business. To convert to software that is approved by HMRC can be an upheaval, and in all likelihood, there is now not enough time to make the change.
At Accounting Office Software Ltd we have years of experience of creating, training and installing financial software. We have also spent years understanding the changes and investing in solutions for our existing customers. We understand the challenge. We have developed a solution where you can keep your existing software but still comply with Making Tax Digital.
With our expertise and decades of knowledge, we will help you to extract the information required and send it to HMRC.
By offering this service you can still use your current software and have an automatic procedure that is compliant with Making Tax Digital.
To keep updated with the development of My.N, Making Tax Digital, or to receive more information, please register below.
If you wish to read more about Making Tax Digital, please visit the gov.co.uk site