From April 2020, your business will need to transfer data between compatible software through a digital link. That means no manual corrections or copy and pasting from spreadsheets.
Discrepancies will have to be handled by data corrections in the live system and you will not be able to do ’last minute’ adjustments. If your figures are wrong it will effect how much Tax you pay.
Contact IMS today for a 1 day consultancy to investigate how you can improve your data accuracy and avoid paying excessive tax bills. Many companies have already benefited enormously from this audit, so why not book it today? Or call Archie Gardner on 0845 1308499 or 07885104218