Making Tax Digital (MTD)

Corporate Accounting

Businesses and landlords will be required to use commercial software to maintain their records and to update HMRC quarterly, starting with VAT. That means all the businesses including sole traders, partnerships, limited companies will have to submit quarterly accounts, assess and report their tax liabilities to HMRC every 3 months.
Are you ready for this?

Timeline for MTD

From April 2019: VAT reporting by all VAT registered businesses with turnover above the VAT threshold.

From April 2020, at the earliest: All other taxes (income tax and corporation tax).

If you would like to discuss the Xero accounting services we offer or any of our other service, please contact our team on 0161 6600 600 or mtd@cwpaccountants.co.uk. Alternatively, complete the short form below and one of our team will call you back.

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Are you looking for reliable, efficient, and precise accounting services in the UK which are also cost-effective? We spend time listening to your concerns, assure the best service, and represent/guide you appropriately on HMRC guidelines, and prepare you for the appeal process.