FreeAgent, Making Tax Digital, HMRC, VAT,
Editor | 31 July 2018
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Freelancer and micro business accountancy software provider FreeAgent has been backed by HMRC to support the new Making Tax Digital (MTD) initiative for VAT.

FreeAgent is one of just a few accounting software companies to be included on the list of HMRC’s approved suppliers for VAT.

More than 130 software suppliers have told HMRC that they are interested in providing MTD software for VAT. After prototype testing of the software, only 22 suppliers have so far been approved by the taxman.

Get The New Xero Expenses App For Free

Xero Expenses has received a big update and you can access the new and improved features for free until 28 September 2018.

Bolstered by AI, the new and improved expenses add-on will speed up expenses management and give you greater visibility over your finances.

As a thank you to existing Xero customers, the company is offering Xero Expenses for free until the 29 September.

Xero Add-On A2X Accounting is Perfect for Amazon Sellers CloudAccountant

Certified Xero connected application A2X Accounting makes life easy for Amazon sellers.

Recommended for big and small Amazon sellers, the add-on package makes using cloud accounting software Xero even simpler - posting easy-to-reconcile summary invoices directly into the software.

Small business tax probes too intensive

The taxman has come under fire after it was revealed that more than half of small and medium sized enterprises (SMEs) think that HMRC’s tax investigations are too intensive.

Commissioned by the exchequer, the research showed that 52% of small businesses find HMRC tax investigations too intensive and 56% said they don’t think HMRC tries to minimise disruptions caused by the cost, time and effort of inquiries.

How to secure your Xero login cloudaccountant

Your business depends on keeping data secure. And this counts double for sensitive financial information.

It’s normally big companies that make the news when they have a data breach, but cybercriminals are targeting small businesses like yours as well.

Research indicates that 40% of cyber attacks in 2017 were targeted at small businesses and this is increasing.

Most small businesses can’t afford advanced in-house data security systems.