- Innovative cloud accounting company joins forces with ambitious London accountancy firm to help contractor clients get ready for digital tax
FreeAgent, the award-winning online accounting software provider, has agreed a new partnership with one of London’s earliest cloud-adopting accountancy firms to help prepare clients for Making Tax Digital (MTD).
Under the deal, Rodliffe Accounting is migrating its contractor clients onto the FreeAgent platform in order to ensure they are best-prepared for the first stage of Making Tax Digital (MTD) – the government’s plan to fully digitise tax reporting for UK businesses.
From next April, all businesses that are already registered for VAT – and those that will be earning over the VAT threshold of £85,000 per year – will have to keep digital records and provide regular tax updates to HMRC. FreeAgent is currently working on the pilot scheme for MTD and has been named as one of the software suppliers that will be supporting the legislation, meaning that Rodliffe clients will be able to manage the transition to the digital tax filing system effortlessly.
Rizwan Yaqoob, Senior Accountant at Rodliffe, said: “Our mantra is all about reducing stress for our clients and we believe that FreeAgent is the perfect fit for us to do this. It’s an incredibly intuitive software system with a fantastic mobile functionality that makes it easier and more enjoyable for clients to manage their day-to-day bookkeeping on the go – and enables us to help them with managing their wider financial accounts.
“With MTD coming into effect next year, it is more important than ever to have a robust cloud software system in place that makes it easy to manage client data and file tax updates. FreeAgent has made the migration as comfortable as possible for us and, since moving clients onto their software we’ve had glowing feedback from clients about how easy-to-use it is, and how much they enjoy all of the functionality.”
Ed Molyneux, CEO and co-founder of FreeAgent, added: “As one of the earliest adopters of cloud software, Rodliffe know the value of providing their clients with the right digital tools that enable them run their businesses better. It’s a great testament for us that they have chosen FreeAgent to join them on the next stage of their journey as they help clients comply with the forthcoming MTD legislation.
“We’re delighted to be partnering with Rodliffe and look forward to working closely with them in the years ahead.”