Making Tax Digital (MTD) – Are you ready?

As some of you may be aware, with effect from 1st April 2019 the government are rolling out a new scheme called ‘Making Tax Digital’ or MTD.

Initially, this will only affect businesses who are VAT registered with a turnover exceeding the VAT threshold, currently £85,000. If your business comes into this category you will be notified by HMRC and advised when the first return under the new system is due. Please let us know if and when you receive a notification.

Call us now for advice – 01227 787595, or email accounts@hobbsthomas.com

At Hobbs Thomas & Company LLP, we aim to provide a one to one easy to use accounting service especially for individuals and businesses who prefer a less formal yet still highly professional approach. We welcome all enquiries and are happy to discuss all your accountancy needs without any commitment.

We work with individuals, sole proprietors, construction industry workers, partnerships and small limited companies.

We can help you with tax calculations, tax returns, book keeping (manual and computerised), sub contractor returns, VAT returns, payroll, annual accounts, limited company financial statements, corporation tax returns, Companies House accounts. We are also able to train and set up computerised book keeping systems.

I found Hobbs Thomas via a recommendation at a time when I needed my financial life putting in order and am very pleased to have done so. I always get sound advice (even if it’s not what I want to hear) and a first class service and, without them, I doubt that we would have come out of a recent tax investigation intact!~Oliver and AmandaSource: Chapman Property Rentals

Contact us now to find out how we can help you