Farm Accounts and MTD

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Charles Holt (Lincoln)

You will have heard a lot in recent weeks from accounting software suppliers.  I make no apology for repeating that as from this April 2022, all VAT registered businesses will have to produce and report their VAT digitally.  If you are VAT registered, you will not be able to work on little bits of paper, or your own design of spreadsheet, however carefully you have designed it.

Our Farm Accounts software will enable you to do this for yourself, while complying with the rules.  It is software specially written for farmers and farm secretaries.

We have taken on more users, both since the beginning of this year, and since last month’s newsletter.  If you want to hear more about it, do contact this office.  In addition to its ability to comply with the HMRC requirements, it incorporates two different budgeting packages, depending on your needs.

A further new development is a handy tool that helps you enter a machine bought on HP in an organised and simplified way, while getting everything in the right place in the accounts. 

Contact Charles at charlesholt@fcgagric.com  for more information on how Farm Accounts can take the hard work out of your day-to-day business finances.