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Making Tax Digital - Webinar

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HMRC "Making Tax Digital" is a fundamental change to the way the tax system operates. Why not see how to make it work in your advantage?

About this Event

Have you struggled to manage your accounts this year?

Would you like to save money on your accounting?

Running a business can be tough, even in the best of times, this year has been unlike any other and has given all business owners many additional challenges. Managing your accounts and your tax returns should not be one of those, but unfortunately in many cases it has been.

Over the past couple of years, HMRC has been pushing “Making Tax Digital” (MTD) an initiative that is making fundamental changes to the way the tax system works. In theory this should make it quicker and easier to not only complete your returns but also, where applicable, get a rebate from HMRC.

At the webinar we will cover the following:

  • Introduction
  • Background to MTD
  • When it started
  • Why it is being introduced
  • What does it mean to businesses of all sizes
  • What changes do you need to make to your accounting and tax return process
  • What are digital accounting systems
  • Are they expensive
  • Are they easy to set up and use
  • Can my accountant still do the work
  • Are these systems just for MTD or are there other benefits to me and my business?
  • How Charterhouse can help?
  • Q & A

About Us

At Charterhouse we are experts in tax for over 50 years and have a history of helping our clients, both business and individual, secure returns from HMRC - in many cases, where the client has thought they owed money to HMRC.

Charterhouse have done MTD for over 4 years and continue to develop in this area to assist our clients in achieving their goals. During this evolution we have worked with all the major accounting tools including, Sage, Quickbooks and Xero, the latter of which we have developed as an area of expertise and are now platinum partners. These tools allow us to offer our clients many benefits including:

  • Cash flow forecasting
  • Real-time information
  • Improved debtors days i.e better cash flow
  • Covid19 management accounts for any loan requests
  • Review profitability of all different revenue streams i.e. can stop producing or selling unprofitable products in crisis.

If you think you need help making the transition to digital accounting or you want a fresh view of your current set up contact us today to discuss more.

www.charter-house.net

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