Could virtual accounting be the answer for your business?
Virtual accounting packages can allow you to access your key financial information in real-time, simultaneously with our team, automate processes such as generating invoices and easily storing and collating receipts and business expenses.
We are urging businesses to make the move to a virtual accounting package now, in order to prepare for new rules that come into effect next year. The new rules, coming into effect on 1 April 2019, require businesses with a turnover of more than £85,000 to make quarterly submissions to HM Revenue & Customs using ‘designated software packages’.
It is widely anticipated that similar requirements will apply to other taxes in future years under the Government’s Making Tax Digital initiative.
Making the move to virtual accounting is straightforward and a great way to make life that bit easier.
Contact us today to find out how your business can benefit from virtual accounting.
