A change is coming to the way you file your VAT with the Government’s Making Tax Digital Service (MTD). Go Digital with Cloudants.
VAT 1st April 2019 Deadline
From 1st April 2019, all VAT registered businesses with a taxable turnover over the VAT threshold will need to use online accountancy software to submit their VAT tax returns digitally.
If you use our online bookkeeping services, you’re already half-way there and our Cloudants team can support you
There are a small number of exceptions including trusts, not-for-profit companies etc, where the deadline has been deferred to October 2019. But why wait?
Making Tax Digital for Self-employed & Landlords
While it is currently not mandated, it is clear the the intension is to move income tax to the HMRC’s Making Tax Digital Service.
Using online accountancy software, and support from Cloudants, you can already take this step.
Making Tax Digital: Benefits to You
Cloudants are champions of fintech to disrupt old accounting habits and improve the quality of financial information for organisations of all types and sizes.
We believe HMRC’s Making Tax Digital Service is a step in the right direction.
Allowing records to be stored digitally and transferred online directly from your accountancy software can reduce errors, save time and improve your oversight of your finances.
No more hunting around for paperwork. With a full digital finance solution from Cloudants, accounting is easy.
Contact Us and be Ready for Making Tax Digital.