Brian Paul can assist in all your accountancy affairs making you fully compliant and helping you plan for the future. Talk to us.
Established in 1997, Brian Paul is proud to assist its personal clients with friendly, partner led services.
We can connect you with trusted partners based on our knowledge of your affairs. Find out about our Financial Services.
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Making Tax Digital
With the HMRC drive to receive real-time accounting information, maintenance of your financial records is becoming more and more important. Whilst you might maintain records in excel, HMRC is encouraging the use proprietary software such as Sage or Xero. Our staff offer product accreditation in these programmes and are ready to assist you.
Banks offer free software and we can tailor our services to the software that you use.
We can offer for rental cloud based software solutions from which you can see live results, generate and record your own sales invoices whilst also uploading receipts from pdf documents or via your mobile phone. We are here to talk you through the best options and help implement them.
At present, all newly registered VAT businesses and older ones with a turnover in excess of £85000 are mandated to use digital software under the HMRC project: Making Tax Digital (“MTD”)
This is to be extended from 1st April 2022 when all VAT registered businesses MUST comply with MTD requirements.
Furthermore, from 6th April 2024, MTD for Income Tax Self-Assessment (ITSA) will apply for unincorporated businesses and landlords with a total business or property income above £10,000 per year.
This will put extra regulatory pressure on you. By subcontracting these tasks to us, you can continue to do what you are good at in running your business. Please contact us now for more details and to talk through your options.
Let us take the stress out of making tax digital
Contact us now for more details on how we can help you.