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Article - Making Tax Digital
Whatsapp
020 3369 7867 020 3842 1075
Making Tax Digital (MTD) is a key part of the HM Revenue and Customs (HRMC) plans to simplify and transform the tax system. The MTD affects how businesses in the UK maintain their accounting and tax records. It was implemented on 1st April 2019, and applicable to businesses with a turnover more than £85,000. Businesses such as these are required to submit their VAT Return to HMRC by using MTD compliant software. In April 2020, the MTD scheme was extended to individuals and landlords.
With the Making Tax Digital reform changing the way all businesses report their financial details, we at TAXCA are here to assist them in the following ways:
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With a dedicated accounts manager, we help to meet our client’s tax and accounting needs more quickly, efficiently, and personally. Our dedicated accountant maintains all the accountancy operations to ensure your business is running smoothly.
All our services are fully managed by highly qualified and experienced accounting professionals. They offer you the best service and streamline your companies accounting process to function in the most tax-efficient way.
We offer fixed fee accountancy and taxation services depending on your requirements and circumstances. Our monthly subscription service will fit your budget with no surprises along the way.
To understand your business, members of our team can arrange to meet with you either in person at your premises, talk over the telephone, or hold an meeting using video conferencing. Please call us today and speak to one of the advisors to book your free initial consultation.