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Practicewire news

The latest issues concerning practices and sole practitioners.

Xero's bridging software for MTD

Making Tax Digital (MTD) for VAT is here. Under the scheme, most VAT registered businesses with a taxable turnover above the £85k VAT threshold will need to keep records digitally and submit VAT returns to HMRC using MTD-compatible software.

Trip Advisor for Accountants

It is easier than ever for potential clients to access reviews of accountancy practices. These days you don’t even have to type the name of a business to find its reviews, just ask for local accountants in earshot of a smart device and Alexa, Siri, or Cortana will happily respond with the details of a local practice and its average star rating. If you haven’t already, now may be the time to start engaging with online reviews for your practice – here are some steps to start the process.

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