Here at Direct Peak, we are specialists Xero accountants in Peterborough. We work closely with our clients to help them get the most from their accounting and bookkeeping. With ‘making tax digital’ discussions and updates taking place all over the media, internet, tv and pretty much everywhere you look – it is not surprising that we are being asked about it.
So, we thought we would put together a few main points to help small business owners understand what Making Tax Digital will mean to their small business;
While Making Tax Digital will not make filing taxes any less financially painful, it should be faster and easier to prepare taxes, report taxes and file your taxes.
If you’re concerned about how Making Tax Digital will affect your business and what you need to do to make sure your business is ready for Making Tax Digital then please check out this information we have put together.
Alternatively, you can contact us directly and we will be happy to answer any questions you may have about Making Tax Digital for your business.