Cloud Accounting & Making Tax Digital
If you have a VAT registered business, you are now required to keep digital records and file your tax returns using compatible software.
You need to follow the requirements for Making Tax Digital for Income Tax if you are self-employed or a landlord from:
-
6 April 2026 if you have an annual business or property income of more than £50,000
-
April 2027 if you have an annual business or property income of more than £30,000
Clouding Accounting
...and Making Tax Digital
This service is a real step into the modern ere of computers & technology, the cloud service which we offer all our clients known as RGA-Cloud to aimed to bring business recording into the 21st century. We used a range of the best software's to suit you and your business needs should that be Sage, Quickbooks or Xero along with other apps. We find the best software to suit your need. With the cloud technology we are able to offer our services to a wider of business based not just in Banbridge but in the wider areas too.
This software gives you real time information with monthly financial reports & information to show you where your business is along with helping estimate your level of profits of the year and tax bill. Through our Cloud Service we offer monthly/ Quarterly accounts meetings to review and plan for the future of your business.
This service is for you & your business, to see the problems early and fix them or see the level of profit and then decide what to reinvest it back into the company or to withdraw. We know the stress your are under from running a business, therefore we know how essential it is to your business to have real-time information about your business' finances.
We have the team in place to provide you guidance and support you while using these these software's. Read our review on each one to find out which software suits you and your business best.
Cloud Accounting
'Making Tax Digital' will soon be obligatory for all. Get ahead of the game now with RGA Chartered Accountants. We have 3 platforms to choose from depending on your business needs. Whether your business is in Banbridge, Belfast, Lisburn, Newry or elsewhere; all local businesses across NI will need to implement cloud accounting into their business over the next 1-2 years, so make sure you contact a leading accountant such as ourselves and we will be able to help you.
