Making Tax Digital (MTD)

Making Tax Digital (MTD) is a HMRC initiative to simplifying the way business reports income, expenses and taxes

What is Making Tax Digital (MTD) ?

Making Tax Digital (MTD) is an initiative taken by HMRC UK to make the tax system transparent and easy to access for taxpayers because this is the need to digital world and transparency in tax filing. VAT registered companies must submit their Value added tax (VAT) returns electronically to HMRC effective from 1st of April 2019.

Automatic Bank Feed

  • We will make your transactions Digital.
  • We will Activate automatic bank feed directly to software.
  • Bank tagging rules can be setup to categories your bank transactions.
  • You can manage your transactions without visiting bank.
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Smart Reporting

  • Easy understanding of cash flow.

  • Income & expenses can be monitored without visiting bank.

  • Electronic VAT filing.

  • Profit & Loss with smart charts.

Tax Filing

  • Online VAT return filing.

  • Online Calculations and tax management.

  • More effective.

  • More efficient.

  • Easier for Tax payers.

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business@sharpfinancials.co.uk