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Figures (UK) Accountancy Services
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J C Accounting Ltd
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Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

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Frequently asked questions
What is Making Tax Digital and why does it affect my business?
Making Tax Digital is an HMRC initiative requiring VAT-registered businesses to keep digital records and submit quarterly updates using compatible software. It aims to make tax administration more efficient and reduce errors. Most businesses must comply, so working with an accountant who understands MTD rules is essential for avoiding penalties.
How do I find a qualified Making Tax Digital accountant in Eye?
You can use AccountingFirms.co.uk to browse local accountants who specialise in MTD. The directory allows you to filter by location, accreditation, and services offered. Look for professionals with ACCA, ICAEW, or AAT qualifications, as these bodies require members to maintain high standards of expertise and ethical practice.
What benefits does an ACCA or ICAEW accountant provide for MTD compliance?
ACCA and ICAEW accountants undergo rigorous training and continuous professional development, ensuring they stay updated on HMRC requirements. They can help you select compatible software, set up digital records, and file accurate quarterly returns. Their expertise reduces the risk of errors and penalties, giving you peace of mind.
Can a local accountant in Eye help with both VAT and Corporation Tax?
Yes, many accountants in Eye offer comprehensive services covering VAT, Corporation Tax, and Self Assessment. They can manage your MTD obligations alongside other tax matters, ensuring all filings are consistent and timely. This integrated approach saves you time and helps you maintain a clear picture of your tax position.
How does digital record-keeping work under Making Tax Digital?
Digital record-keeping means you must maintain your business records in compatible software rather than on paper. This software connects directly to HMRC systems, allowing you to submit quarterly updates. An MTD specialist can help you choose the right software, set up your accounts, and train you or your staff on its use.
What happens if I do not comply with Making Tax Digital rules?
Non-compliance can result in penalties from HMRC, including fines for late or inaccurate submissions. You may also face additional scrutiny of your tax affairs. Engaging a qualified accountant who understands MTD requirements helps you avoid these risks and ensures your business remains fully compliant with current regulations.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
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Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
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Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
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For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.


