You may have heard the term 'Making Tax Digital' before – but do you know what it means? Making Tax Digital is a government initiative aimed at making it simpler and more straightforward for businesses and individuals alike to ensure they get their taxes right. The plan is to transform the UK's tax system by 2020 through the use of software that can do the majority of the hard work for the individual or business in question. The government's intended timeline for this scheme shows that, in 2019, businesses, self-employed people and landlords can start updating HMRC quarterly with their tax and National Insurance information via accounting software.
From April 2019, businesses are mandated to use the Making Tax Digital platform to meet their VAT obligations.
Just as with online banking, with Making Tax Digital, businesses have access to a comprehensive online account. Digital record-keeping software is linked directly to HMRC systems enabling people to send and receive information using the software – and that’s where Fujitsu ScanSnap scanners come into play.
Scanning documents is a simple and effective way to ensure all the documentation your customers need for their VAT and tax returns is stored securely in one place and is easily accessible for their online accounts.
ScanSnap Scanners from Fujitsu enable everything from printed receipts to invoices and even parking or train tickets to be quickly and simply scanned in. ScanSnap Cloud, when paired with the ScanSnap iX1500 and iX100, will even identify the type of content you upload and route it directly to your preferred cloud service, so there's no need to even boot up your PC.
You can rest assured everything you need is held securely online and all in one place, making it easy to submit your VAT and online tax return when the time comes. It’s organised, effective document-keeping – ideal for businesses large and small.
The world's fastest battery powered ScanSnap.
Intuitively guides you through every step of the scanning process.
Makes document management a snap.
The case for moving to a wholly digital environment is colossal, and Fujitsu scanners will keep playing an integral part to the process. If you use them effectively from when they’re in place, then you’ll reap the benefits immediately and start saving money. With such a large selection of scanners to choose from, make sure you speak to us to get the best solution for you.
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