If your business is VAT-registered and has a taxable turnover above the VAT threshold (£85,000), you’ll need to prepare for HMRC’s ‘Making Tax Digital for VAT’ initiative, which comes into force from 1st April 2019.
For those still wrestling with spreadsheets or an inbox full of scanned receipts, Making Tax Digital provides a great opportunity to embrace all the wider business benefits of digital technology.
Making Tax Digital simple with SAP Business One
SAP Business One is an affordable, easy-to-use, MTD-ready business management solution. It connects departments and simplifies core processes, to bring visibility and control to all aspects of your growing business, and helps you make smart, data-driven decisions.
With SAP Business One, you can effortlessly file your VAT return online, on time, with no need for duplicate data entry, giving you greater confidence in the accuracy of your tax recording. SAP Business One is designed to grow with you and you can be confident we will help you stay compliant as legislation changes.
Comments are closed.