TaxCalc Blog

Thriving and surviving as business goes digital

The Covid-19 enforced lockdown in March saw firms across the country abruptly move their businesses from being office, to home-based.

For many of those firms that have already embraced the 'Digital Revolution', the transition to home working has been far smoother – and has also come some distinct advantages. Flexible working has resulted in improved productivity and, in many cases, staff morale. Also, firm location and distance is no longer a barrier to serving clients and has resulted in the provision of more responsive advisory services and improved client relationships.

With the lockdown continuing to ease, one TaxCalc customer reflects on the immediate and lasting changes of working from home and going digital.

The much-awaited Making Tax Digital Roadmap is unveiled

Should accountants start discussing the changes with their clients and implementing solutions? How long have they got to prepare? Is it worth spending time on it? 

As part of a new 10-year plan to modernise the UK tax administration, we finally have some answers. The accounting industry can finally start planning with some certainty and to a sensible timeline.

How TaxCalc is giving back during the coronavirus pandemic

Under the banner of ‘From TaxCalc with Love’, we're spearheading a campaign to not only support the company’s employees, but also the country’s healthcare workers who have come under greater pressure than ever. A combination of measures to assist team members and customers, a revamp of daily operations and a flood of donations to NHS staff have formed part of an effort to give back during the COVID-19 pandemic.

Holding COVID-19 to Account with Folding@Home and TaxCalc

At TaxCalc we've been working hard to play our part during the COVID-19 pandemic. Different members of the TaxCalc family have been doing projects to try and help the situation for others, such as 3D printing visors or sewing scrubs for the NHS. These projects, however, require machinery or at least some level of skill that not everyone has. Several people, however, have home computers that are sat doing nothing during the workday.

Companies House Same day services suspended

Due to the closure of Companies House office, the ability to fast track company registrations and certain company information has been SUSPENDED until further notice. Companies House have advised customers that any incorporation or change of name filings with the same day indicator will fail validation.

Charity Commission advice, MTD for VAT soft landing period extended and IR35 Delayed

The Charity Commission has advised that charities due to submit an Annual Return imminently, but are unable to do so, can email them to request a filing extension. Coronavirus guidance for the charity sector provides information in response to the most commonly asked questions about operating during this period.

Taxes - Time to Pay

There are a range of business support measures available for businesses and individuals, which include deferring payment of certain taxes.

Trust us to take action in our time of need

As a family business, we hold dear the values that keeps a family together: respect, loyalty, caring for one another, belief in making the future better.

We have an amazing, devoted team that knows the importance of getting our products right and doing the right thing by our customers. In many ways our customers are like family to us. Many of them have been with us from the beginning. They get in touch when they need our help and in turn advise us on improving our products so they are the best they can be. Our customers stick up for us and it’s only right that we do all we can to support them during these uncertain and worrying times.