ResourcesMake MTD work for you

Make MTD work for you

As you’re aware, the final deadline for businesses over the VAT threshold to be using MTD has now passed. This is part of a drive by the government to create a ‘Digital Britain’, and rather than being seen as an inconvenience it should be seen as an opportunity.

So, what does that mean? Well, you’ve moved to digital record keeping, you’re filling your VAT returns online, but are you really taking full advantage of the opportunity this creates?

By complying with HMRC policies around MTD, it’s very likely that you’ve done a lot of work migrating your accounts online. And yet, over 85% of accountants we talk to are still storing their clients’ tax returns on their local hard drive or sending them over email. Yes, their documents are password protected and yes, they regularly update their security software, but their digital policies are not up to date and ultimately, it’s costing them time and leaving them open to cyberattacks.

Do you worry about phising emails or the threat of hackers? Do you sometimes get requests for documents when you’re away from the office? Do you feel like MTD is eating into your time?

Download this checklist to see what you can implement now to save time, improve your workflow and protect yourselves from hackers ahead of the busy tax season.

 

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

4m

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

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2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

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2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

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Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

3m

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

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Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

4m

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

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