Making Tax Digital (MTD) – Bridging Software
During a presentation by HMRC today titled “Talking Points 22/01/2019- Making Tax Digital for Business” it was confirmed that it will be possible to continue to use bridging software after April 2020.
The end of the “soft landing period” will not see a removal of the ability to use bridging software.
If you have not heard the term bridging software before – in short it sends data from a spreadsheet to HMRC in way that is compliant with MTD.
At Darrall & Co we have HMRC approved bridging software and also can support Cloud based solutions from the following suppliers (in no order of preference):
QuickBooks – view QuickBooks options
Xero – view Xero options
FreeAgent – view FreeAgent options (Free for NatWest Customers)
Sage – view Sage options
If you would like some care and guidance in deciding which solution is best for you, please contact us