Digital Online Tax Accounting (“Making Tax Digital”) and the move to Cloud based accounting

Despite some uncertainty around Making Tax Digital, the general expectation is that it will return in some form. The scheme is a key driver for us and a sign that the accounting industry and our clients are making a shift towards online tax accounting. With this in mind, we are committed to future-proofing our practice to ensure we are up to date with the latest in technology. This means we can in turn provide the best support and advice possible for you.

Haines Watts Manchester have reviewed a range of online tax accounting products. We are pleased to have made the decision to partner with Xero, the UK’s leading online tax accounting software.

With over a million subscribers worldwide and growing, we’re excited to be transitioning our client base over to Xero.

Xero- Digital Online Tax Accounting

We’re proud to say we have been awarded Xero Platinum Partner status, the only firm in Manchester to achieve this. This means we are highly experienced and fully-qualified to manage our clients’ accounts on Xero.

We have chosen Xero because it is the best of breed online tax accounting software. Xero features thousands of feature updates every year, and market-leading direct bank feeds. Xero also boasts integrations with more than 500 third party financial and productivity apps. Because of all this, we believe Xero is the right software for our practice and your business.

Xero’s great because it’s intuitive and simple to use. It gives you a real-time view of your business finances anywhere, on any device. It connects directly to your bank account, and you can reconcile regularly and easily, manage your expenses, have a clear view of money coming in and money going out, send online invoices and get paid easily.

And because you can have unlimited users on your Xero subscription (at no extra cost), you and us as your advisor can have a real-time view of your accounts. This helps the team at Haines Watts Manchester to give you the best advice for your business, when you need it. Plus, it’s just as safe as your online banking.

What do I need to do to take advantage?

We’ll be contacting our clients to discuss the migration to Xero. This will allow our team at Haines Watts Manchester to be more efficient and provide a better service. It also gives you a better view of your business’s finances in real time, on any device.

Our decision to manage our clients on one platform means we can be experts in one piece of software. This saves us time, meaning we can provide better advice in real time and focus on helping you to get a clearer view of your finances.

For more, please see our Online Cloud Accounting page.