Making Tax Digital: how MTD for VAT helps your business tame tax
Discover how Making Tax Digital for VAT helps your business save time, cut errors, and stay on top of tax with cloud accounting software.
Flexible online accounting software. Unlock potential, gain clarity, and save time with cloud accounting software for freelancers, sole traders, and small businesses.
Desktop accounting with cloud connectivity for small businesses with advanced needs:
Having our inventory entries and adjustments entered automatically will certainly add to our productivity and save hours every month, while giving us better visibility into what’s happening with our inventory.
1. ABC Analysis: this system classifies inventory items into three categories (A, B, and C), based on their value, allowing businesses to prioritise their stock management accordingly.
2. Economic Order Quantity (EOQ): this method finds the best order quantity that minimises total inventory costs, such as holding and ordering costs.
3. Safety Stock: this method involves keeping extra inventory on hand to prevent stockouts and maintain customer service levels.
4. Just-in-Time (JIT): JIT inventory management is designed to minimise the amount of stock held on hand. Businesses order inventory only as needed, reducing the need for storage and lowering the risk of stock obsolescence.
Finding the right inventory tracking software is all about meeting your business’s specific needs. Here’s what to look for:
Sage’s stock management systems tick all these boxes, helping businesses streamline inventory planning and grow with confidence.
Discover how Making Tax Digital for VAT helps your business save time, cut errors, and stay on top of tax with cloud accounting software.
Everything you need to know about MTD for Income Tax, including who it affects, key changes, reporting requirements, and how to prepare with confidence.
Find essential Making Tax Digital information for VAT. Get clear answers to common questions and understand what MTD means for your business.
MTD for Income Tax began in April 2026. Catch up on the requirements, rules, deadlines, and what sole traders need to do to get ready.
MTD for Income Tax in one place: thresholds, quarterly updates, deadlines, software, and exemptions — everything you need to know.
Learn what Making Tax Digital for Income Tax means for sole traders, when it applies, and how it changes Self Assessment reporting.
Think MTD means more tax or 100% digital records? These 8 Making Tax Digital myths are dispelled, covering MTD for VAT and Income Tax.
Is Self Assessment ending for landlords? See how MTD for Income Tax affects property income, thresholds, expenses, and what to do next.
If you want to explore our inventory management software further, please reach out. We're here and ready to connect with you.