MAKING
TAX
DIGITAL

SCROLL TO FIND OUT MORE

HMRC have embarked on a massive project, Making Tax Digital (MTD), to insist that most businesses, including sole traders and landlords, keep their accounting records using computer software with the aim that the software will automatically update HMRC with relevant data on their business income and expenses on a quarterly basis.

A P Robinson & Co have set up a specialist team to ensure that our clients are guided through the process with the minimum of disruption and we expect to be in regular contact with our clients as the changes become closer to implementation.

 

You can find more information on Making Tax Digital within our dedicated brochure, which you can read through and download here.

 

Contact our cloud accounting expert today to discuss how these changes will affect you and how we can help guide you through the process.

EMAIL OLIVIA FOR INFORMATION

Making Tax Digital is expected to be fully implemented by 2020. By this time you should see the following major changes to the way you manage and report your business taxes:

Through your digital account you’ll be presented with a complete picture of your business’s tax affairs and you’ll be able to manage all of your liabilities at the same time, in the same place.

1

2

3

HMRC will collect and process information affecting tax in as close to real time as possible. This should prevent any tax due or repayments owed from building up.

You’ll no longer have to wait until the end of the tax year to know how much tax you have to pay.

  • Know where you stand - with a full picture of your business’s tax affairs in your digital account.

  • Save time - by having access to all your business’s tax info in a single place.

  • Save hassle - by managing all your business tax affairs online.

  • Plan and budget more effectively - with a real-time calculation of how much tax you owe.

The benefits of Making Tax Digital

Proposed Timeline

Under the revised timetable, issued on 13 July 2017:

  • Only businesses with a turnover above the VAT registration threshold (currently £85,000) will have to keep digital records and only for VAT purposes, from April 2019

  • Businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes (income tax and corporation tax) until at least 2020

How A P Robinson & Co can help you

 

We are assisting our clients with the implementation of digital systems. Digital transformation is at the core of our agenda and goals.  We recognise that for clients, initiating the process of digital transformation is constrained by a lack of knowledge or capability to execute. Our experience allows us to offer a comprehensive package delivering successful digital transformation for clients.

VISIT OUR SITE

A P Robinson & Co

Lincoln Bank Chambers

107 Cleethorpe Road

Grimsby

North East Lincs

DN31 3ER

A P Robinson & Co

26 Priestgate

Barton Upon Humber

North Lincolnshire

DN18 5ET

2018 A P Robinson & Co (Grimsby) LLP. All rights reserved. Registered in England with Company Registration no: OC415146

Tel: 01472 345888

Fax: 01472 345777

Email: enquiries@aprobinson.biz

MAKING
TAX
DIGITAL

SCROLL TO FIND OUT MORE

MAKING
TAX
DIGITAL

HMRC have embarked on a massive project, Making Tax Digital (MTD), to insist that most businesses, including sole traders and landlords, keep their accounting records using computer software with the aim that the software will automatically update HMRC with relevant data on their business income and expenses on a quarterly basis.

A P Robinson & Co have set up a specialist team to ensure that our clients are guided through the process with the minimum of disruption and we expect to be in regular contact with our clients as the changes become closer to implementation.

 

You can find more information on Making Tax Digital within our dedicated brochure, which you can read through and download here.

 

Contact our cloud accounting expert today to discuss how these changes will affect you and how we can help guide you through the process.

EMAIL OLIVIA FOR INFORMATION

Making Tax Digital is expected to be fully implemented by 2020. By this time you should see the following major changes to the way you manage and report your business taxes:

1

Through your digital account you’ll be presented with a complete picture of your business’s tax affairs and you’ll be able to manage all of your liabilities at the same time, in the same place.

2

HMRC will collect and process information affecting tax in as close to real time as possible. This should prevent any tax due or repayments owed from building up.

3

You’ll no longer have to wait until the end of the tax year to know how much tax you have to pay.

Proposed Timeline

Under the revised timetable, issued on 13 July 2017:

  • Only businesses with a turnover above the VAT registration threshold (currently £85,000) will have to keep digital records and only for VAT purposes, from April 2019

  • Businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes (income tax and corporation tax) until at least 2020

The benefits of Making Tax Digital

  • Know where you stand - with a full picture of your business’s tax affairs in your digital account.

  • Save time - by having access to all your business’s tax info in a single place.

  • Save hassle - by managing all your business tax affairs online.

  • Plan and budget more effectively - with a real-time calculation of how much tax you owe.

How A P Robinson & Co can help you

 

We are assisting our clients with the implementation of digital systems. Digital transformation is at the core of our agenda and goals.  We recognise that for clients, initiating the process of digital transformation is constrained by a lack of knowledge or capability to execute. Our experience allows us to offer a comprehensive package delivering successful digital transformation for clients.

VISIT OUR SITE

How A P Robinson & Co can help you

 

We are assisting our clients with the implementation of digital systems. Digital transformation is at the core of our agenda and goals.  We recognise that for clients, initiating the process of digital transformation is constrained by a lack of knowledge or capability to execute. Our experience allows us to offer a comprehensive package delivering successful digital transformation for clients.

MAKING
TAX
DIGITAL

SCROLL TO FIND OUT MORE

HMRC have embarked on a massive project, Making Tax Digital (MTD), to insist that most businesses, including sole traders and landlords, keep their accounting records using computer software with the aim that the software will automatically update HMRC with relevant data on their business income and expenses on a quarterly basis.

Making Tax Digital is expected to be fully implemented by 2020. By this time you should see the following major changes to the way you manage and report your business taxes:

1

Through your digital account you’ll be presented with a complete picture of your business’s tax affairs and you’ll be able to manage all of your liabilities at the same time, in the same place.

2

HMRC will collect and process information affecting tax in as close to real time as possible. This should prevent any tax due or repayments owed from building up.

3

You’ll no longer have to wait until the end of the tax year to know how much tax you have to pay.

A P Robinson & Co have set up a specialist team to ensure that our clients are guided through the process with the minimum of disruption and we expect to be in regular contact with our clients as the changes become closer to implementation.

 

You can find more information on Making Tax Digital within our dedicated brochure, which you can read through and download here.

 

Contact our cloud accounting expert today to discuss how these changes will affect you and how we can help guide you through the process.

EMAIL OLIVIA FOR INFORMATION

The benefits of Making Tax Digital

  • Know where you stand - with a full picture of your business’s tax affairs in your digital account.

  • Save time - by having access to all your business’s tax info in a single place.

  • Save hassle - by managing all your business tax affairs online.

  • Plan and budget more effectively - with a real-time calculation of how much tax you owe.

Proposed Timeline

Under the revised timetable, issued on 13 July 2017:

  • Only businesses with a turnover above the VAT registration threshold (currently £85,000) will have to keep digital records and only for VAT purposes, from April 2019

  • Businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes (income tax and corporation tax) until at least 2020

How A P Robinson & Co can help you

 

We are assisting our clients with the implementation of digital systems. Digital transformation is at the core of our agenda and goals.  We recognise that for clients, initiating the process of digital transformation is constrained by a lack of knowledge or capability to execute. Our experience allows us to offer a comprehensive package delivering successful digital transformation for clients.

VISIT OUR SITE

A P Robinson & Co

Lincoln Bank Chambers

107 Cleethorpe Road

Grimsby

North East Lincs

DN31 3ER

A P Robinson & Co

26 Priestgate

Barton Upon Humber

North Lincolnshire

DN18 5ET

Tel: 01472 345888

Fax: 01472 345777

2018 A P Robinson & Co (Grimsby) LLP. All rights reserved. Registered in England with Company Registration no: OC415146