Making tax digital

The initial phase of Making Tax Digital sees VAT registered businesses with turnover in excess of the VAT Registration threshold (£85k) requiring to comply from April 2019.  Depending on when your year end is, you may wish to take steps now to prepare yourself in advance of  this deadline.

Making Tax Digital will also see both individuals and businesses for other taxes will need to comply from April 2020 at the earliest.

Making Tax Digital is one of the most ambitious HMRC projects that could lead to extra administration for both individuals and businesses.  We at Rawlinson Pryde & Partners will be able to guide you through the transition with minimal disruption.

To comply you will need to ensure that your bookkeeping records are kept in a digital format with the best way being a cloud based solution.  We are able to assist you transition over or if you decide that you do not wish to learn how to bookkeep electronically we have bookkeepers who can take the stress out of this additional compliance.


If you are looking for an accountant that will be proactive with Making Tax Digital rather than reactive we would be delighted to hear from you.

We have written to all of our clients who will be impacted by the change and invited them to a seminar to show a potential solution.

There are various different software’s that can be used to comply with the Making Tax Digital requirements.  We at Rawlinson Pryde & Partners can best advise you.  Some of these software’s proclaim to be able to do everything for you, but unfortunately we have discovered fundamental flaws previously, which led to a new client’s tax liability been understated considerably.

We are able to offer both SAGE Business Cloud Accounting and Quickbooks Cloud Software at discounted prices from the Recommended Retail Price.  We would therefore encourage you to approach Rawlinson Pryde & Partners to purchase your product via us to help keep your costs down.

There are benefits to using these softwares, as they enable us to access your data remotely at anytime to assist you with any issues that may arise.  It enables you to bookkeep on the go potentially freeing up your time or check up on how profitable you are to date.

To find out more about how we can assist you, please contact us.