Accounting Systems - Sage, Xero, Zoho, Quickbooks

For organisations already using propriatary accounting solutions, we advise in all cases that you contact your provider directly to discuss their individual plans for Making Tax Digital.

Sage

There are many versions of Sage and depending on what software you use, you may have to make changes such as installing further modules to ensure that you are compliant with Making Tax Digital.

However in some cases, this will be automatically integrated into your accounting system. Visit this web page to select your current application and find out what steps you need to take.

Quickbooks

Quickbooks state that their software is ‘making tax digital ready’, and have been officially listed as an HMRC approved supplier. VAT returns can be filed directly through the quickbooks software.

However if you’ve adopted the flat rate VAT scheme then you’ll have to wait until later in the 2018/19 tax year to file your returns. Visit this web page to find out more.

Xero

For all existing Xero customers, software will be automatically upgraded to comply with Making Tax Digital and this will be at no additional cost.

Xero is listed on the HMRC list of software suppliers supporting the Making Tax Digital intiative. They have released this information booklet to provide more information.

Zoho

Zoho books will be linked directly to HMRC for filing tax returns. If you meet the Making Tax Digital criterea, an option can be selected to allow this, allowing for review prior to choosing to submit to the HMRC portal. Visit this web page to find out more.

For these and for any other accounting software providers not currently listed, we recommend you visit their website and contact them directly to find out if any action is required to ensure you are ready for the Making Tax Digital initiative.

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