How to Setup Xero for Making Tax Digital

How to Setup Xero for Making Tax Digital

In order to setup your Xero for Making Tax Digital, first you need to register for Making Tax Digital (MTD) via the HMRC website. When you have registered, you can connect your Xero software by completing the following steps: Log in to Xero Click Accounting, then...
Making Tax Digital: How to Register with HMRC

Making Tax Digital: How to Register with HMRC

The deadline has arrived for VAT registered businesses with an annual turnover of £85,000 or more to be Making Tax Digital (MTD) compliant. The first step you must take is to register with HMRC for Making Tax Digital. To do this, visit www.gov.uk, search for ‘Making...
Making Tax Digital: How to Register with HMRC

Making Tax Digital for VAT: Are You Compliant?

Making Tax Digital for VAT (MTD for VAT) is now live. Businesses with a taxable turnover above the £85,000 VAT registration threshold come within the new rules and must comply with the initiative or face enforcement action. Here, we answer some of your key MTD for VAT...
Will Making Tax Digital Make Tax Difficult?

Will Making Tax Digital Make Tax Difficult?

The deadline of 1st April 2019 is rapidly approaching. How should business owners be feeling about Making Tax Digital (MTD)? Is it something to fear? Something to lose sleep over? Or are there positives to be embraced as we move towards this new era of online business...