Digital Tax? You'll need your head in the Cloud
The move from manual or paper-based accounting to digital and cloud-based systems has been gathering pace in recent years. April 2019 will bring another major impetus with HMRC’s ruling that all businesses above the current £85k threshold must keep records digitally for VAT purposes. (We expect smaller businesses will have to follow suit soon after.)
It may take a little effort to change over, but in practice digital accounting brings many additional benefits. With the right software you can see a clear picture of your financial position, in detail and real time. You can create and send invoices on the go, track sales and purchases, connect to online banking, estimate tax payments and more.
At Meston Reid we supply and set up state-of-the-art cloud-based, digital software packages designed specifically for businesses like yours. Three cost effective options - Gold, Premium and Standard - are available right now, and include initial setup, licence fees, training and expert backup. Talk to us about cloud accounting now.
Find out more about Cloud Accounting here.