WHAT IS IT?
Making Tax Digital (MTD) is the biggest change to the administration of the UK tax system for a generation. It’s the process by which HMRC will combine each person’s or business’s records into one digital account. Everything will be in one place, can be viewed at any time and should give people a real-time view of their tax liabilities.
It’s going to make a significant difference to our clients but it’s our job at Harrison Renwick to make it as straightforward for you as possible.
WHO DOES IT APPLY TO?
If you’re self-employed, a landlord or a business owner MTD could apply to you from as early as 2019. By 2020 MTD will be rolled out to cover most people within these categories.
HOW CAN WE HELP?
To make the process easy for our clients, Harrison Renwick has partnered with market-leading software provider ‘Xero‘. This partnership allows us to offer complete digital book-keeping packages that fulfil all your obligations.
Our good value, competitive monthly fees cover software, book-keeping, VAT, PAYE, CIS, year-end accounts and tax returns.
Just call us on 01730 817243 and ask us for a quote to find out how Harrison Renwick and Xero could provide a cost-effective, competitive way to manage your business’s digital finances.