REGISTER NOW to learn what your business must change in order to comply with new the HMRC Making Tax Digital requirements.
Every quarter, your business will be required to provide an on-line update to HMRC of the amount of ‘taxable profit’ produced. That requires a lot of extra work by your staff and your accountant.
Will your bookkeeping staff cope with that extra work?
Is your bookkeeping software capable of recording all transactions digitally?
Who has the tax expertise to decide which expenses are allowed as deductions, and which allowances or reliefs you can claim during the current reporting period?
Will your system be capable of completing the on-line updates direct to HMRC?
ad+ Chartered Accountants invites you to attend our Making Tax Digital briefing so that you can get your business ready for this major HMRC change.
Please don’t underestimate this new HMRC requirement: it will require significant changes to your bookkeeping and accounting systems.
Although HMRC have set out a draft timetable of deadlines, ad+ Chartered Accountants always advises clients to be prepared well in advance to avoid any last-minute disruption to business operations. Attend our briefing and we will start that preparation.