Advice on choosing a farm accounts package

摘要

Farm businesses should see HMRC's Making Tax Digital rules as an opportunity to simplify record-keeping and improve financial performance, according to accountant Andrew Robihson.Since April 2019, farm businesses with a turnover of more than E85,000 have had to comply with the rules. But from April 2022, all business will have to comply. This means farmers will have to record accounts on an Excel spreadsheet and convert it into digital format or use an accounts package.