MTD tax legislation says companies must keep accurate, complete and readable tax records digitally. Tax software takes care of this for your business automatically.
With the help of your accountant, sort corporation tax (returns to HMRC) and Final Accounts (returns to the Companies House). All accessed via Sage for Accountants, for Accountants and Bookkeepers only.
Tax return software helps individuals or businesses prepare for and file income, corporate and other tax returns, including VAT. Typically, it's faster and more accurate than using spreadsheets or paper-based processes. Tax software also helps business's comply with tax legislation in their jurisdiction.
Tax software works by enabling businesses to track all of their income, expenses, and sales in one place. This type of software also helps prevent common bookkeeping errors. It generates a report for the business owner or their accountant detailing potential liabilities. The business owner can then work with an accountant prior to filing a return online.