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Making Tax Digital: Meet Tom
Change brings its own kind of pressures, especially when there are changes to tax rules and regulations. To showcase how we can support you through the upcoming changes to Making Tax Digital, we’re highlighting real examples of the guidance and reassurance we provide to varying scenarios.
Meet Tom, a sole trader with his own building company. Tom is unorganised when it comes to paperwork and Most of his financial records are stored in an unorganised box, making meeting tax deadlines a challenge.
Because of this, Tom is not sure how to approach Making Tax Digital (MTD).
With the help of one of our Making Tax Digital champions, Tom learns about simple software options, such as Xero, to explore how they can fit around the way he works.
Tom then downloads Xero onto his phone to easily upload all his receipts and expenses – keeping everything organised and in one place. Staying in touch with his MTD champion, Tom can now confidently stay compliant and up-to-date with the quarterly submissions.
Take a look at Tom’s full story here:
Meet Tom