Re: Xero - aptly named, methinks
Nope paper + XLS are not good enough any more - because its mandated that almost regardless of size (currently VAT threshold of 85K) you have to "Make Tax Difficult" which means its almost a legal requirement to use some kind of web based cloud accountancy package to comply.
Sorry, must have mistyped Make Tax Digital.
Apparently an XLS is too likely to go wrong, compared to the full blown accountancy package where apparently its not possible to make any kind of errors.
Biting the hand that feeds IT
