Wealth & Finance April 2017

Wealth & Finance International 6 Early Adopters of Tax Apps Can Save Money with Weenie Business Solutions Weenie Business Solutions in Swindon believes entrepreneurs need to get ahead of the digital tax rules arriving in 2019. As a partner of Sage — a global leader in accounting software — Weenie Business Solutions is providing 12 months’ free subscription of Sage One Start to the first 100 clients who buy their Level 1 Business Self-Assess- ment or Tax Return Service, each priced at £120 (including VAT). “HMRC’s ‘Making Tax Digital’ plans are still sending shockwaves through the business community” said Amelia Bishop, Director of Weenie Busi- ness Solutions. “With Brexit set to happen at about the same time as the HMRC changes come into effect, 2019 could be hectic for business owners. On the other hand, I believe everyone can plan for change and find bespoke solutions with our advice.” The Level 1 Self-Assessment is particularly for start-ups, sole traders and contractors who are likely to be most affected by the change to quarterly HMRC reporting in two years’ time. The app will also be given to any clients who want Weenie Business Solutions to complete their self-as- sessment tax return for the 16/17 or 17/18 tax years. Whereas many businesses still need to employ accountants and finance staff to keep the records up to date, in future, some of the day-to-day tasks will be at the fingertips of those with apps like Sage One Start. Sending invoices, recording receipts, watching the income and expendi- ture will all become much easier. As with all technology, it’s expected that those who become early adopters will be the first to enjoy the greatest benefits. Weenie Business Solutions is a business consultancy that helps small and medium size businesses grow and achieve their goals. Working alongside Amelia at Weenie Business Solutions are specialists in accoun- tancy, bookkeeping and payroll, business analysis and business devel- opment. For more information, visit, www.weeniebusiness.co.uk Wealth & Finance Inter ational | News