Best UK medium sized business accounting softwareĮvery business is different.
To help you decide, we’ve looked at the best UK mid-sized business accounting software packages on the market. Given that moving to small business accounting software is inevitable for every SME, surely, it’s time to put away your paper and pencil (or your standalone Excel spreadsheet). However, it’s not going to stop there – MTD will be widened to include income tax and corporation tax from 2021 onward. Those businesses now must submit their quarterly VAT returns under the new system. HMRC rolled out its Making Tax Digital initiative in 2019, compelling 1.2m VAT-registered businesses which earn £85,000 plus in turnover to file returns online.
But these firms aren’t necessarily dealing with the accounting processes they once knew.
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