Getting ready for MTD with inniAccounts

making tax digital software

Digital VAT may feel like a big change, but if you’re an inniAccounts client, you don’t need to worry – we’re Making Tax Digital (MTD) ready. In fact, we’ve been submitting VAT returns digitally for our clients for years. Whether you’re an existing client or shopping about for compliant software, we’re here to make MTD easy.

Just as a reminder, Making Tax Digital is HMRC’s initiative to bring all tax-related record-keeping onto digital platforms. You can find a comprehensive introduction to bring you up to speed here.

Our development team have been hard at work liaising with HMRC to bring you the best possible accounting software solution for the MTD era. HMRC have confirmed that our software is compliant and ready for action.

Already an inniAccounts client?

Over the next few weeks, we’ll be in touch with all our VAT registered clients to let you know what we’re doing to ensure a frictionless transition ahead of the April deadline. But ultimately, if you use our service, you’ll see very little difference in how your VAT returns are currently submitted.

We’re excited that MTD will help to save our clients even more time. Our software seamlessly integrates with HMRC providing you, your accountant and HMRC a complete, accurate picture of your business’ finances. We’re a digital-first company, so we’ll continue to connect with any new technology HMRC introduces while providing you with the same pro-active service and innovative software solutions that we always have.

Unsure of how MTD will affect you as a contractor? Take a look at our comprehensive guide.

Looking for MTD-ready software? Thinking of switching to a more pro-active, personal accountant?

Is your accountant ready for MTD and the future? Here’s how you can tell.

As an inniAccounts client, you’ll be MTD ready from day one.

Our MTD-ready software:

  • Sends VAT returns to HMRC with one click
  • Records all your business’ finances digitally (and securely)
  • Links your business and VAT information to all your transactions and compiles your data from your day to day bookkeeping in the inniAccounts software
  • Automatically calculates the VAT you owe and updates your financial status in real-time, so you always know how much cash you have available and never overspend
  • Reminds you when your VAT return is due and supplies your VAT data directly to HMRC
  • Offers complete visibility of VAT return status

But that’s not all, as well as being MTD-compliant inniAccounts makes invoicing, receipts, payroll, year-end accounts and pensions a breeze so you can focus on what matters; earning and enjoying your cash.

  • Quickly see your financial status with our unique Livecash feature
  • Get real-time tax forecasts so you never have to worry about your tax bill again
  • Receive reminders and complete your annual confirmation statement
  • Track time, expenses and mileage and quickly add to client invoices
  • Manage every aspect of your business on the go with our intelligent mobile app

Sounds too good to be true? Get full access to our online software.
See for yourself why our clients love it.

Alongside our award-winning software, all our plans give you access to our proactive team of qualified accountants and tax experts. We’ll assign you a dedicated account manager who’ll take the time to get to know you and provide a personal service. That means you’ll never have to explain the same thing over and over again to different people.

Time to go digital

Whether you’re an existing client, looking for a hassle-free switch or simply want to brush up your knowledge – we’re here to make Making Tax Digital simple and provide you peace of mind. Preparing for digital tax starts with managing business accounts online. If you’re already using a competitive software like inniAccounts, the transition will be a smooth one. But if you’re making a change, it needn’t be a headache, MTD is a great opportunity to streamline your accounts and make your life easier with great software.

Learn how inniAccounts can help you with Making Tax Digital today.