The 6th April is the last day of the 2018/2019 tax year. Doesn’t time fly. Only a few weeks ago we were ringing in the New Year and warning of the deadline for tax returns for the year 17/18 and here we are staring the end of the following tax year full in the face!
And, of course, April brings with it the arrival of HMRC’s Making Tax Digital (MTD) for the 2019/2020 tax year.
The staff at Scott Vevers are experienced in, and can advise you on, all the software packages available. In particular over recent months we have told you about Xero, the user-friendly Making Tax Digital package.
It has a one stop dashboard, showing you your financial position as you go along. The automatic bank feed will import transactions so you don’t have to spend the time entering them manually. There is 24/7 online support, so if you have any concerns, no matter what time of the day, you can access help and advice.
It has an award-winning mobile app that allows you to capture invoices, manage and reconcile bank transactions. The account data is automatically backed up so no chance of losing your information
And you can allow your accountant or financial advisors to have access, so you don’t need to take your information to them. Saving time and stress.
If you want to find out more about Xero please see Making Tax Digital or call us on Bridport 01308 423 237 or Weymouth 01305 881009