As a business owner, you will more than likely have heard about the Making Tax Digital initiative from HMRC. At Kirkwood Wilson, we understand that this can be a lot of information to process, so we have put together a handy guide. Here, we answer your questions about how to get ready for Making Tax Digital and how our team can help you and your business to prepare.
There are only so many hours in the day and neither you or your team have the capacity to do everything without dropping the ball from time to time. Outsourcing can save you time and money, but there are many other reasons to consider outsourcing certain business functions.
Eighteen months ago Kirkwood Wilson had one client using Xero software to produce management information. At that time, most of our clients used a server based bookkeeping system and we were fed up of the unreliability of the software, the need to back up and restore data and the constant updating of software. So, how have we gone from one client using Xero to becoming a Xero Gold Partner?
We are now in the final stages of consultation relating to the proposals to Make Tax Digital and this will revolutionise the way that we keep accounting records and submit information to HMRC