Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for taxpayers.
The first stage of HMRC’s Making Tax Digital (MTD) programme focuses on VAT. From 1 April 2019, VAT registered businesses above the threshold of £85k will have to keep digital records and submit VAT Returns using compatible software..
Kendall Richardson use Xero cloud accounting software – this has already been approved by HMRC as software that is compatible with MTD for VAT.
Kendall Richardson are MTD ready and can help transform your systems to comply – ask any of our clients – they are all ready to go!
Kendall Richardson’s partners and staff are all Xero Certified and there is always someone on hand to help you..
A key element to this change is choosing the perfect software product to assist you with this digitalisation. We use Xero a secure cloud based software product which can be used by as many users as required from anywhere. It also an approved HMRC provider.
Xero allows businesses to raise their own customised sales invoices and carry out all the day to day bookkeeping tasks needed to keep the accounts up to date. Alternatively, we can assist with this bookkeeping.
Xero’s functionality includes:
And, preparing and submitting your VAT Returns will be simpler and quicker than ever.
Learn more about Xero Cloud Accounts Software
Don’t leave it until 1 April 2019 to sort out – call us now!