Making Tax Digital (MTD)
Making Tax Digital (MTD) is part of a UK Government/HMRC initiative to transform the UK tax system to a digitised platform.
This digitised platform is aimed at creating a more accessible flow of information between taxpayer and HMRC.
The key to being MTD compliant is usage of accepted software. At Wylie & Bisset, we understand the importance software plays, both for MTD compliance and internal business reporting with the monitoring of KPI’s. We are a Platinum Champion Partner with Xero assisting clients to migrate their accounting and finance functions to support their existing MTD obligations, where applicable, and to be MTD ready for the future.
We recognise that one size does not fit all and for some Xero will not be their preferred provider. As a result, we have maintained experience on other platforms and work with clients to support them whatever their preferred supplier option entails.