Blog by Stuart Mills, CEO, Apptituda.
Using Accounting Seed and Apptituda's Making Tax Digital solution is a great way to manage tax submissions for your business.
Here are some of the benefits of using this integrated solution:
Compliance with Making Tax Digital: Making Tax Digital is a UK government initiative to digitise tax submissions. Accounting Seed and Apptituda's solution is fully compliant with this initiative, making it easy for businesses to submit their taxes digitally and stay compliant with government regulations.
Streamlined Tax Submissions: The solution integrates Accounting Seed's accounting software with Apptituda's Making Tax Digital software, allowing businesses to easily and accurately submit their tax returns. This reduces the chances of errors and saves time compared to manual tax submissions.
Real-Time Tax Insights: With the integrated solution, businesses can access real-time tax data and insights, such as VAT owed and tax liabilities. This helps businesses stay on top of their tax obligations and make informed financial decisions.
Automated Processes: The solution automates many of the tax submission processes, such as data collection, calculations, and record-keeping. This reduces the workload for businesses and minimises the chances of errors or discrepancies.
Cost Savings: By automating tax submissions and reducing the workload for businesses, the integrated solution can save costs on manual tax preparation and submission.
Overall, using Accounting Seed and Apptituda's Making Tax Digital solution can help businesses streamline their tax submission processes, reduce errors, and stay compliant with government regulations. The solution provides real-time tax insights, automated processes, and cost savings, making it a valuable tool for managing tax submissions.