Making Tax Digital
Is your company on course for Making Tax Digital?
Making Tax Digital is a government initiative designed to help and encourage as many businesses as possible to switch to digital tax systems. While the initiative is intended to make the relevant processes quicker, simpler and easier to understand, there are many individuals and companies which are likely to need a little help along the way.
In the long run, it’s to be hoped that the old paper tax return documents will become a thing of the past, so businesses of all shapes and sizes are being encouraged to switch to digital as soon as they are able. This of course sounds like a good idea, but some are fearful about being left behind.
Here at FourM, we are already in the ideal position to help companies in all sectors of industry to make the switch. Our experts are on hand right now to assist and advise individuals and organisations to adopt new practices with a maximum of skill and a minimum of fuss.
We understand your concerns, and we’re always here to help
Because of understandable concerns about the pace of the Making Tax Digital initiative, the government has specified a more measured introduction of the changes. Businesses are required to ensure their VAT returns are submitted digitally from April 2019, and more aspects of the initiative will be introduced after that.
Many businesses in the UK are already filing their VAT returns digitally, but are yet to do the same for other taxation sectors. This reluctance is perhaps understandable, but with our expert guidance your company can soon be saying goodbye to paper and filing all returns online instead.
If you have any concerns whatsoever about Making Tax Digital, our specialists can help. We are ready to face the challenges that new legislation can bring, so have a chat with a member of our friendly team today. We can take the stress away from you with ease.
There is time for all organisations to go digital before the law requires, but if you are at all worried a simple phone call will allay those fears. We’re available today on 01382 480 488 or 01224 649 918 or via email at firstname.lastname@example.org. We look forward to hearing from you.