Blog

Have a look at our careers page and see the opportunities there are currently available at Brotherton Accountants

Here at Brothertons we have opened offices in Solihull to compliment our offices in Redditch. Please call in, it would be great to see you. Our address is 120C Haslucks Green Road, Shirley, Solihull, West Midlands. B90 2EH Tel: 0121 289 4433

Vat procedures and rules are changing at HMRC from 01.04.19. From that date HMRC are closing the submission portals, used by most businesses for submitting their VAT returns.

From that date businesses will need to submit their VAT returns via a digital platform in order for the VAT returns to be accepted by HMRC.

Therefore VAT registered businesses need to react now to ensure they are compliant by April 19 and to ensure they can submit their VAT returns on and after that date.

Packages like SAGE, XERO and Quickbooks allow submissions to be completed in the desired format and we are here to help all business to not only get ready for this change in legislation but also explore all the other benefits which the digital and cloud accounting software can bring a business.

We are happy to talk to all businesses on this area and we are happy to provide a free 1 hour consultation and demonstration on how the software works and interacts with your PC, tablet and phone.

Please call the office if you would like to chat over the new rules or if you would like a free demonstration of the software.

Office- 01527 433 111

Here at Brothertons we are working hard to ensure clients can benefit from digital software and the efficiencies it can bring to their business. We are using the leading brands of digital software here at Brothertons and XERO is right at the top of the list for usability and functionality. WE LOVE XERO! and the people we show love it too!

We offer a free demonstration of the software here to anyone, so call the office on 01527 433111 to arrange a free hour so we can show you the Xero Software and how you can streamline your business. This is open to anyone so please call…. we will put the kettle on……. ready for a coffee and XERO hour.

Call 01527 433111

The government has published draft legislation for Finance Bill 2018-19 which is currently open for consultation, and ‘continues the government’s commitment to a competitive and fair tax system’.
The draft legislation could affect a range of taxes, from Stamp Duty Land Tax (SDLT) to income tax.
The draft legislation also outlines the government’s approach to the Making Tax Digital (MTD) penalty system, with HMRC outlining its intention to utilise a two-tier penalty model for businesses and individuals who fail to pay their tax on time.
The July publication of the Finance Bill 2018-19 draft legislation forms part of the government’s new fiscal timetable.
The consultation on the draft legislation will run until 31 August 2018. The final contents of ‘Finance Bill 2018-19’ will be subject to confirmation at Budget 2018, expected later this year in November.
We will keep you informed of developments.

HMRC has published further information on Making Tax Digital for VAT (MTDfV). The VAT notice sets out some further details of the MTDfV regime, which will ultimately require taxpayers to move to a fully digital tax system.
Under the rules, businesses with a taxable turnover above the VAT threshold (currently £85,000) will be required to keep digital records for VAT purposes using ‘functional compatible software’ and provide their VAT return information to HMRC via an application programming interface.
This notice explains:
• the digital records businesses must keep and the ways to record transactions digitally in certain special circumstances
• what counts as ‘functional compatible software’, and when software programs do and do not need to be digitally linked where a combination of programs is used.
The new rules have effect from 1 April 2019, where a taxpayer has a ‘prescribed accounting period’ which begins on that date, and otherwise from the first day of a taxpayer’s first prescribed accounting period beginning after 1 April 2019.
Please contact us for advice and support on the introduction of MTDfV.

Here at brotherton we use the latest technologies within our cloud accounting platform which is our solution for cloud and digital accounting.

We use all the leading technologies including…..

KASHFLOW

SAGE

and OTHERS.

Here at brothertons we are a certified XERO ADVISOR

If you would like to explore the new technologies available, we can offer you a free presentation of the software with absolutely no obligation. Free 2 week trials of the software are available too, if you would like to have a play with it and look at its benefits for you and your business.

We also offer free training once you come on board including visits and virtual training. Have a look at the videos on the website as these show the usability of the software and we are adding to these all the time.

Please call the office if you would like a free no obligation presentation of the software……evening appointments are available every week. TEL 01527 68235

There is a real buzz here at Brotherton’s with the huge developments in digital software and new technologies.

We have made great strides with our digital platform, here at Brothertons. This is our platform for helping clients move into the digital age with their accounting and business processes.

After our initial open day we are now planning further dates for clients and non clients to come and visit us here so we can show them the great solutions we are offering through our cloud solutions, using technologies from kashflow, Xero, SAGE and others.

Our catalogue of videos is now growing on our website, from short basic tutorials to more in depth webinars.

We hope all this will be of benefit to you and we are striving to help businesses embrace the technologies and provide all the resources to help move businesses forward.

If you are an existing business or newly incorporated we would love to hear from you and our evening meetings are available every week. We will call out to you too, if that makes it easy for you. These evening meetings are obviously totally free and we are happy to come and chat over your business, looking at all areas from tax planning to new technologies and how it can help you and your business.

Our number is 01527 68235 if you would like to arrange an evening meeting.