Making Tax Digital
The way you report your business profits to HMRC is changing.
From April 2019 Vat registered businesses will have to report their profits to HMRC on a quarterly basis.
From April 2020 the self assessment tax return is being replaced by 5 new reports, made during and after the tax year.
If you do not use software currently you will need to learn how to use it going forward. You will need the software, hardware and data storage facility, as well as a good internet connection. Of course we will be able to do this for you, but it may be the right time to take your bookkeeping electronic with help from us.