Cloud-based Accounting & MTD (Making Tax Digital)
At Digital Accounting, we specialise in providing advanced cloud-based accounting services tailored to meet the needs of SMEs. Cloud-based accounting is the latest approach that allows businesses to manage their finances online through software hosted on remote servers. This method offers significant advantages, including access to real-time financial data, increased flexibility, and enhanced decision-making capabilities.
By utilising cloud-based accounting, we also ensure your business will be well-equipped to comply with the Making Tax Digital (MTD) initiative.
Making Tax Digital (MTD) is a government-led programme transforming how tax is reported in the UK. It introduces digital record-keeping and online submissions to make the tax process more accurate, efficient, and reliable for businesses and individuals.
With the first MTD for Income Tax deadlines approaching in April 2026, self-employed individuals and landlords will need to transition to digital record-keeping and quarterly reporting to remain compliant and avoid penalties.
To help you understand what’s changing and how to prepare, we’ve created a dedicated MTD guide for small businesses and landlords. Visit our blog to read the full guide and take the next step towards a smooth transition.
Benefits of moving to cloud-based accounting
Ease of use
Track invoices, expenses, and import bank transactions automatically with user-friendly software.
Real Time Financial Overview
Gain a clear, up-to-date view of your financial position at any time.
Secure Information Storage
Keep your data safe with secure cloud storage solutions.
Multi-user Access
Control access to financial data, allowing multiple users to collaborate efficiently.
Account Updates
Benefit from automatic software updates, ensuring you always have the latest features and security enhancements.
Seamless transition to cloud-based accounting
We understand that adopting new technology- especially in preparation for Making Tax Digital (MTD)– can be daunting. Transitioning to MTD-compatible accounting software isn’t just a technical change; it’s a shift in how you manage and report your finances.
Our dedicated team is here to guide you every step of the way, making the move to cloud-based accounting smooth and stress-free. We specialise in trusted platforms like QuickBooks, FreeAgent, Xero, and Dext- all HMRC-recognised and known for their user-friendly interfaces and powerful features. These tools integrate seamlessly to support your bookkeeping, tax compliance, and overall financial management.
Our goal is to make your transition as easy as possible. We provide hands-on training and ongoing support, ensuring you and your team feel confident using your new systems.
Save time, gain insights, focus on growth.
Our expertise in cloud-based accounting and MTD compliance means you get the latest financial technology- without the hassle. We’ll help you save time, improve accuracy, and gain valuable insights into your finances, while ensuring you’re fully prepared for Making Tax Digital.
Let us handle the complexities, so you can focus on running your business.