Making Tax Digital

An opportunity for businesses to get ahead and take advantage of all that cloud technology has to offer!

Elsby & Co are a forward-thinking cloud accountancy practice based in Northamptonshire with branches in Northampton and Rushden. We see amazing new opportunities for businesses to get ahead of the times and take advantage of all that cloud technology has to offer. Our cloud accountants specialise in helping your business embrace cloud accountancy and ensure easy compliance with Making Tax Digital (MTD).

Becoming MTD Compliant

As award-winning cloud accountants, we specialise in helping businesses integrate an easy, digital cloud-based accounting system that meets the new VAT compliance requirements of Making Tax Digital (MTD).

We are living in an exciting age of the digital revolution. Many aspects of your business may have already moved online such as online banking. Cloud accounting software is the next step to transform the management of your finances. Not only to make your life easier and more efficient, but also to ensure that your business is in line with new regulations and keeps up with the ever-changing and developing modern digital world.

Don’t just take our word for it, watch the video to see what Xero, a leading global brand in Cloud Accounting, have to say:

What is ‘Making Tax Digital’?

Making Tax Digital is a UK government initiative. MTD is part of HMRC’s plans to modernise the tax system and make it easier for individuals and businesses to get their tax right and stay on top of it.

Since the introduction of Making Tax Digital for VAT, many VAT-registered businesses who are above the VAT threshold are now required to use a digital accounting service, such as Xero or Quickbooks, to keep their records digitally and submit their VAT returns.

Embracing a cloud-based accounting system can be a daunting process at first, but that’s where we can help. Our team of cloud accountants can help integrate a cloud accounting system into your business, guiding you through the process.

Get ahead, get digital, get your business on the cloud
- it's efficient, effective and easier!

What is Cloud Accounting?

Instead of using your desktop computer and local storage to access and store your business data, cloud accountancy means that you can access, store data and information on a secure internet connection. Data is not stored on individual devices or computers; it is stored in safe, secure data centres and doesn’t require any additional accountancy software installation in order to access it.

A cloud accounting software package, such as Xero or Quickbooks, allows you to manage your business whilst on the move, from any computer or portable, mobile device, from anywhere - all you need is an internet connection. A cloud-based accounting system gives you complete control and flexibility.

Listen to our podcast

How Can a Cloud Accounting System Benefit You?

  • Accessible from any device, at any time, anywhere in the world
  • Designed to save you time
  • You can finally say goodbye to those rustic old biscuit tins full of receipts, and those unwieldy spreadsheets!

How Our Cloud Accountants Can Help Your Business

Although Xero is our preferred cloud accountancy option, we don’t restrict ourselves to just one package. Our services don’t just end with the cloud though, we also work with you in the following months and years to help tailor the system to your needs. Your cloud accountant will provide ongoing support to ensure all your app add-ons and integrations work for you and your business, in the most efficient way possible.