When it comes to managing your business, one of the most common issues you have is your taxes. Handling taxation is a troubling problem for even experienced business owners. If you find yourself in the same spot of bother, then it might benefit you to invest some time and some money into using high quality tax software. However, for an accountant, working with the right software is better than working with any old software.
Many accountants simply use the software they were taught on. Advances in technology, though, often mean that you might have some problems doing this correctly. If that sounds like an issue, then you should probably try and use the following information. It will help you to pick good quality self assessment tax software that will pass on the benefits you receive to your customers, ensuring you can deliver a better service overall.
Does it offer a free trial?
First off, you want to try before you buy. Make sure that you only look to software packages that come with a free trial. Good quality software will always let you try it out before you are asked to pay a penny. So, keep that in mind: if you want to help your business thrive, then using tools first prior to investing in them makes a lot of sense.
This will help you to really enjoy the whole experience and deliver a much more immersive idea of what’s involved in the software.
Is it Making Tax Digital ready?
Another big change is coming to the UK taxation scene you have likely heard of: Making Tax Digital. While a long way off being fully implemented, we recommend that you get ready for the likelihood that Making Tax Digital becomes law.
In that case, you will need to make the change to using a Making Tax Digital-compliant software package. Most of the time, this includes picking software that is already MTD for VAT registered: if it is already being used for VAT registered companies, it will be suitable for everyone when the time comes.
Is there quality support on offer?
The last thing that you need to demand of your software choice is that it has quality support on offer. If they cannot offer you the promise of top quality support, then you have to ask yourself why that is. We recommend that you spend some more time looking at the quality of support on offer: start off by contacting support about a feature you wish to know more about.
The sign of good support is not always just in response times, though. You also need to look closer at the quality of response provided. Make sure you are happy with the response being offered, and ensure it’s not too sales-driven.
If you do this, you are much more likely to be left with an optimistic and positive system for managing any of the many Self-Assessment packages you need to cover for your clients.