Making Tax Digital

Making Tax Digital with Alexander & Co

 

With 2021 marking the year where Making Tax Digital becomes mandatory for many businesses, accountants at Alexander & Co are on hand to help you make the transition.

 

Get in touch with us

 


What is Making Tax Digital?

 

Making Tax Digital is an initiative set up by the government, to try and improve the way businesses and individuals declare their tax to HMRC. It encourages the use of digital account keeping, in order to bring tax into the 21st century.

 

This new, fully digital tax system aims to help people get their tax right first time and make it easier than ever to submit your tax returns.

The scheme aims to not only help you save money on your taxes, but also prevent late payment fines. The late payment penalties alone can be detrimental to your business, so ensuring you are meeting the tax return deadlines is extremely important.

 

Get in touch with an accountant today

 

What can our Making Tax Digital accountants do for you?

 

Our team of accountants are experienced with the new Making Tax Digital scheme and can help you to get your accounts set up and ready for the switch.

If you are not confident with digital software, we can help you navigate your accounting tools and help you submit your tax returns online. Many digital accounting software will have a MTD feature built-in, allowing you to simply click a button and submit your information straight to HMRC.

If you are looking to make the switch to digital accounting and are looking for software that meets the Making Tax Digital scheme’s requirements, here are a few of our favourites:

News

Self Assessment tax return – 2,700 filed on Christmas Day – is yours complete?
Self Assessment tax return was a phrase obviously on many people's minds on Christmas Day with more than… Read More
self assessment tax return
£4.6bn in new lockdown grants announced by the Chancellor
Lockdown grants, worth up to £9,000 per business property, have today been announced by the Chancellor for businesses… Read More
Lockdown Grants
Business valuations in these unprecedented times
The business world has changed dramatically in the last six months, with many industries impacted by the effect… Read More
business valuations

Testimonials

Mike Lyons Financial Director – AKW Group PLC
"A reliable, smart, accurate and efficient service.  We have been using the Alexander & Co payroll bureau for… Read More
Daniel Weidenbaum Group Finance Director Trumeter Technologies Ltd
We decided to transfer our Audit this year to Gary Kramrisch and his team at Alexanders and having… Read More
Andy Beswick Vinyl Compounds Ltd
We were introduced to and appointed Alexander & Co as our auditors during the past year, their audit… Read More

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close