Tag Archive: compliance

Up, up and away with Cloud Accounting!

Posted 11th March 2020 at 8:47 am

What is Cloud Accounting?  Cloud Accounting is a web-based software which you can access anywhere, anytime and through any device, giving you more flexibility to run your business than traditional bookkeeping processes.   Who HAS to use Cloud Accounting?  If your business is VAT registered with a turnover above the VAT threshold then you have to file your VAT digitally. Manual records and spreadsheets are no longer accepted, and these businesses must keep digital VAT accounting records in order to comply with current legislation.   Why should other businesses use Cloud Accounting?  The benefits of Cloud Accounting include real-time reporting... Read more