What is Making Tax Digital for Income Tax and will it affect me?

Anderson AccountsAccountancy Blog1 Comment

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Note: this post was last updated on 7th March 2025HMRC have been working on their Making Tax Digital (MTD) program for several years. It has been implemented for VAT returns and they are looking to implement it for Income Tax Self Assessment (IT) next, with partnerships and Corporation Tax being further down the road. The current implementation date for the … Read More

Why use accounting software?

Anderson AccountsAccountancy Blog, Xero1 Comment

Accounting software in use

Why would you want to use accounting software? Why wouldn’t you just let an accountant do all the work for you? There are a few good reasons why you might want to. I’ll list 10 of them below. As well as these 10 benefits, HMRC have a project called Making Tax Digital (MTD). This project is designed to get all … Read More