QuickBooks Training
If you keep your bookkeeping in house, I can offer QuickBooks training to help you do this. QuickBooks is online accounting software that can be used to keep your businesses records on. You may be completely new to keeping digital records, you may be looking to switch from other accounting software, or you may already use QuickBooks but you just need a helping hand with a few aspects of it, whatever your reason I am here to help! Please be aware that HMRC are rolling out ‘Making Tax Digital’ (see below) so you may be obligated to keep digital records, if not now then in the future.
Making Tax Digital
Making Tax Digital is a key part of the government’s Tax Administration Strategy which will help reduce the tax gap by requiring businesses and individuals to:
- keep digital records
- use software that works with Making Tax Digital (e.g. QuickBooks)
- submit updates every quarter, bringing the tax system closer to real-time
If you have a VAT registered business, you are now required to keep digital records and file your tax returns using compatible software (e.g. QuickBooks). You need to follow the requirements for Making Tax Digital for Income Tax if you are self employed or a landlord from:
• 6 April 2026 if you have an annual business or property income of more than £50,000 • April 2027 if you have an annual business or property income of more than £30,000
