
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More
Frequently asked questions
What is Making Tax Digital and why do I need an accountant for it?
Making Tax Digital is a government initiative requiring businesses to keep digital records and submit VAT returns to HMRC using compatible software. An accountant ensures your systems comply with MTD rules, helps you avoid penalties, and manages quarterly submissions so you can focus on running your business.
How do I choose a qualified accountant in Hertfordshire for MTD?
Look for accountants with ACCA, ICAEW, or AAT accreditation, as these qualifications guarantee professional standards. Check their experience with Making Tax Digital, read client reviews, and ensure they offer services tailored to your business size and sector. A local accountant in Hertfordshire can provide personalised support.
What services do Making Tax Digital accountants typically offer?
They assist with digital record-keeping, VAT return submissions, software setup and training, Corporation Tax, Self Assessment, and tax planning. Many also provide ongoing compliance monitoring and advice on cash flow management to help your business meet HMRC requirements efficiently.
Can an accountant help me if I am already behind on MTD submissions?
Yes, an experienced accountant can review your records, file any overdue returns, and set up a system to keep you compliant going forward. They will liaise with HMRC on your behalf to resolve penalties or queries, ensuring your tax affairs are brought up to date.
Do I need to use specific software for Making Tax Digital?
Yes, HMRC requires MTD-compatible software for digital record-keeping and submissions. Your accountant can recommend suitable options, such as cloud-based accounting tools, and help you implement them. They will also train you or your staff to use the software effectively for ongoing compliance.
How often will I need to submit information to HMRC under MTD?
For VAT, you must submit quarterly returns using MTD-compatible software. Some businesses also need to provide an annual end-of-period statement and final declaration. Your accountant will manage these deadlines and ensure all submissions are accurate and on time, reducing administrative burden.
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