Liquid Accounts – Trusted by HMRC with your financials
HMRC Automated VAT Portal
Liquid Accounts have partnered up with HMRC and passed their stringent criteria to provide our customers with a direct link-in to the HMRC VAT portal. Liquid’s VAT function within our online accounting software simplifies and automates the filing of your VAT returns, saving you both time and aggravation.
HMRC RTI (Real Time Information) Initiative Payroll Automation & Compliancy
From April 2013, all larger companies over 50 employees became legally responsible to inform HMRC (in real time) of any tax collected each time a payroll transaction is made.
From April 2014, this same obligation will be imposed on all smaller companies under 50 employees. As a measure of good housekeeping and readiness, Liquid Accounts however recommends that smaller companies implement RTI with immediate effect.
Without Liquid’s online accounting software, companies will have to inform HMRC manually each a payroll transaction is made. Our customers however will benefit from a simplified and automatic filing through our cloud software.