Capium

Recent Posts

Tax tips for buy to let landlords

Posted by Capium on Mar 8, 2019 3:18:42 PM

 

The business of buying and letting property can be compared to playing three-dimensional chess. Decisions made at one stage will affect the tax payable and the deductions allowable for tax at later points in the property business lifecycle.

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Topics: tax, tax tips

How to Help Your Small Business Clients with MTD Preparation

Posted by Capium on Jan 24, 2019 12:04:03 PM

Making Tax Digital (MTD) means more admin for accountants and clients, alike. A significant challenge we discuss in our regular meetings with HMRC relates to helping small businesses cope with the increased workload.

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Topics: Tips and Advice, Accounting for Small Business, Cloud technology, Making Tax Digital, MTD

MTD: Update on the Latest Developments

Posted by Capium on Jan 15, 2019 12:00:00 PM

As we’ve mentioned before, HMRC isn’t creating its own software for Making Tax Digital (MTD). Instead, they’re working closely with external solutions like Capium, which they’ve recognised as an MTD-ready solution to link into their systems. As a result, we’re in constant contact with HMRC, discussing compliance challenges and how software can address them.

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Topics: Updates, MTD

Surviving Self-Assessment Season (& Minimising Ongoing MTD Stress)

Posted by Capium on Dec 20, 2018 4:18:27 PM

This self-assessment season is truly like no other. I know it sounds dramatic, but it’s true – because the usual winter craziness comes just before the April 2019 Making Tax Digital (MTD) roll-out.

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Topics: Whitepaper, MTD, Self-Assessment

“Solve Compliance” in an MTD World: Tips for Accountants

Posted by Capium on Dec 5, 2018 4:23:17 PM

There’s no question that the introduction of Making Tax Digital (MTD) is changing the compliance landscape for accountants and their clients. And that means accountants are playing an even more important role in guiding businesses through the changes.

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Topics: cloud accounting, Cloud technology, Making Tax Digital, MTD

How small firms benefit with Practice Management software?

Posted by Capium on Nov 16, 2018 5:08:04 PM

 

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Topics: Practice Management software, Cloud based Practice Management, Practice Management for small firms

7 things you need to look out for in MTD-compliant software

Posted by Capium on Oct 30, 2018 10:36:06 AM

Having the right software in place at the right time is key to Making Tax Digital (MTD) success – for both accountants and clients. After all, more frequent return submission means more information to process and a more significant workload, and the right technology helps keep processes efficient, profitable and secure.

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Topics: software, Tips and Advice, Digital Tax Guide, Online Accounting

Be a smart accountant, be a connected accountant

Posted by Capium on Oct 22, 2018 12:01:39 PM

Making Tax Digital (MTD) requires a dramatic shift in how accountants and their clients process financial information – both mindset and operations need to change to make MTD work in an efficient, profitable way. It’s time to shake off the shackles of being chained to legacy systems in a time where digital taxation is innovating to keep pace with other industries revolutionised by tech.

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Topics: Online account software, software, Tips and Advice, tax, Tax guide small practice, tax tips

"How do I communicate with clients about MTD?” [Accountant FAQ]

Posted by Capium on Oct 17, 2018 3:05:29 PM

Answers to frequently asked questions accountants often ask us about Making Tax Digital (MTD). This first FAQ is one of the most common, especially given that VAT is going digital starting in April 2019.

From all the industry discussion and HMRC guidance, we know that MTD needs to be a collaboration between accountants and companies. After all, accountants are reliant on regular data from clients, and there needs to be ongoing communication to comply with more frequent submission requirements.

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Topics: software, Tips and Advice, Online Accounting, tax, Tax guide small practice, tax tips

4 steps to preparing your clients for MTD

Posted by Capium on May 24, 2018 12:53:27 PM

Making Tax Digital is not far now...

There’s now less than a year to go until businesses above the VAT threshold will need to start keeping their accounting records digitally and submitting their VAT returns using MTD-compatible software.

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Topics: Blog