Yesterday, on 1 April 2019, MTD came into effect meaning all your months of hard work implementing new processes, streamlining them and enabling your company to comply with the new legislation will now pay off.
When it was initially announced by the ex-Chancellor George Osbourne way back in 2015, the initiative of digitally submitting tax returns and storing VAT records probably didn’t sound too daunting, but after the lengthy approach to MTD, including delays and discussions, it’s safe to say we’re glad it’s only up from here! But, there is an important question which now still looms…
Are you MTD compliant?
We’ve spent the last year developing a comprehensive module for all PS Financials users to be able to seamlessly submit their tax returns online, directly through the system. We’re well aware of the tiresome tasks surrounding tax returns and storing of records, so we’ve ensured it’s seamlessly included in the PS Financials experience! As a HMRC approved supplier, you can be sure that your data is in safe hands and confident that all records are highly accurate with our cloud-based, unified ledger system.
Leading up to deadline, we’ve hosted various webinars, shared quick steps to complying with MTD and been on hand at events to answer any concerns you may have had. It’s important to us to be able to help you on your journey and address the requirements in a professional manner. If you’re a PS Financials customer and need some guidance on how to use our new module, you can find our user guide by following this link*.
Alternatively, if you’ve found yourself struggling with the compliance and are interested in learning about PS Financials and our MTD module, email us on firstname.lastname@example.org to book a demo or discuss your requirements with our sales team.