Digital records

Making Tax Digital

Making Tax Digital changes how many businesses keep records and submit tax information. Good software and regular bookkeeping make compliance easier.

9 March 2024Making Tax DigitalbookkeepingVAT

Making Tax Digital is about keeping digital records and using compatible software to submit tax information.

For business owners, the change is easier when bookkeeping is kept up to date throughout the year rather than treated as a last-minute task. Cloud accounting can help with bank feeds, invoice records, VAT reporting, payroll information, and management accounts.

J&J Accountants can help clients review software, tidy bookkeeping processes, and understand what digital record keeping means for their business.

This article is general guidance only and should be checked against current HMRC requirements.