AccountsIQ has paved the way for all our users to be ready to adopt new HMRC tax submission regimes as they come online. As one of the first to be fully MTD compliant, and as an award-winning software provider, we can be trusted to be ready when MTD is rolled out for future components such as Corporation Tax quarterly submissions in the coming years. Currently we anticipate these new submissions to be piloted from 2024 and mandated no earlier than 2026.
AccountsIQ compliance with MTD has additional benefits for users. Maintaining all accounting records online, in the cloud, with auditable links between company datasets creates efficiencies internally, confidence amongst external stakeholders such as investors and auditors, as well as compliance with governmental requirements. Switching to AccountsIQ assures this will continue into the future.