As one of the Midlands’ leading Xero partners, we were recently invited along to Xerocon London 2018. It’s the sixth time we’ve attended Xero’s annual partner conference, and, as ever, it proved a fantastic event - this time centred around the #HumanAtHeart theme.
Recent reports in the press (October 2018), have highlighted the fact that HMRC has only fully tested 23 software products compatible with Making Tax Digital (MTD) due to delays in rolling out the full trial.
The move to Making Tax Digital (MTD) and digital tax accounts is fast approaching. But recent research by HMRC and Ipso Mori shows that seven in ten UK businesses are still unaware of the need to use software in order to send their digital tax returns to HMRC.
Whether you’re a small business, a big multi-national or a sole trader, the way in which you file your tax returns is soon set to change.
The advent of Cloud technology has revolutionised numerous aspects of business, and the fields of accountancy and bookkeeping are no exception. But if your accountant has yet to embrace this digital boom, you might just be being sold short of the many benefits on offer.