With Making Tax Digital fast approaching, we review what the HMRC requires of SME businesses.
Making Tax Digital (MTD) is the UK government’s move to transfer tax returns to a fully electronic system over the next few years. If you’re VAT registered, or think you might reach £85,000 of turnover this year, you’ll need to move over to MTD-compliant software for digital tax submissions by April 2019. With many business owners facing one of the largest changes to their day-to-day systems than they ever have before.
Providing digital accounting training across Devon and Cornwall, Cirrusli Limited have a deep practical knowledge of many types of software and a wide range of business experience, established with the coming together of qualified accountants and certified software trainers.
This session will explore the positive aspects of running your business with the benefit of an internal digital accounting system and the benefits that can be gained from making the switch to such a system and in particular cloud accounting.
Evidence shows that businesses who have engaged with this type of software have often seen their cashflow improve significantly together with higher levels of profitability due to regular information being available and this is, therefore, a workshop that no forward thinking business can afford to miss!
Please come and join us for tea, coffee, biscuits and virbrant networking opportunities! #NatWestBoost
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Whilst we feel this topic is beneficial to business owners, the views expressed are not intended to be and should not be viewed as individual advice or as a recommendation by RBS, NatWest or any third party. You should seek independent advice in respect of issues that are of concern to you.
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