In 2015, the government announced plans for a digital tax system that would change the process of doing a tax return forever. This change is known as Making Tax Digital or Digital Tax and businesses registered for VAT will start using this process from April 2019.
Making Tax Digital is the UK’s biggest tax shake-up in a generation and is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – meaning the end of the annual tax return for millions.
Learn why digital tax management is becoming mandatory and how Xledger can help your organisation.
Why is Tax becoming digital?
With the right solution, Making Tax Digital will make it easier for businesses to record and file tax returns online.
Digitalisation will lead to more accurate reporting, providing less opportunity for errors, miscalculations and fraudulent activity.
The process will be faster and more automated for businesses, accountants and HMRC, helping you save valuable time to spend on other areas of your business.
For more information visit Making Tax Digital
How we can help
With a wealth of experience gained from digital tax submission in the Nordics, Xledger is working with HMRC to provide the perfect solution for our existing and new clients available from April 2019.
Xledger already offers a range of accounting solutions that will help you manage and grow your business, including issuing invoices, taking care of VAT, getting paid faster and managing your cash flow on the go – allowing you to spend more time on your business, rather than on your books.
For more information on how Xledger can help, contact firstname.lastname@example.org