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Mitch Hahn
CEO - Nordens
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At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.
Get in touch today to discover how Nordens can revolutionize your business.
Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
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Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
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Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Discover why 175 businesses have voted our service as 5 star
Mitch Hahn
CEO - Nordens
Get In Touch
02085300720
enquiries@nordens.co.uk
The Retreat, 406 Roding Lane South, Woodford Green, IG8 8EY
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Hi Guys, I’m Mitch Hahn partner at Nordens Chartered Accountants.
If you are a small business you would have hopefully heard of Making Tax Digital or MTD for short. We wanted to share some answers to some of the big questions around Making Tax Digital, also about VAT and ultimately how Nordens can help get you up to speed with this initiative.
So, what’s the deal with Making Tax Digital…
Making tax digital is HMRC’s compulsory initiative aimed at making tax simpler for UK businesses. Making Tax Digital for VAT is the first development which comes in to play from 1st April 2019 and the scheme will later be extended to other tax processes such as income tax and corporation tax from April 2020.
It’s important to know that the VAT rules on sales are exactly the same, they are not changing. What is changing is HOW you submit your VAT records. But there is no need to worry because so long as compatible software like Xero, SAGE, Kashflow..is being used the process will be easy, if not beautiful!
VAT registered businesses above the £85k threshold will be affected first. They will have to keep digital records and submit their returns preferably using cloud accounting software.
If you are below the threshold, you won’t be immediately affected, but you can take this opportunity to switch to online accounting which will allow you to produce fantastic information to make key decisions in your business.
So when does it start…
If your business turnover is £85k or higher you will need to be compliant for MTD by 1 April 2019.
There are still a lot of small UK companies that are using HMRC’s government gateway to manually enter VAT returns. If you use cloud accounting for your VAT returns or any of your accounting/bookkeeping needs we can simply send it through digitally directly from your cloud software.
If you are not already using cloud accounting, there is still time to switch and submit Making Tax Digital returns before the deadline but we definitely wouldn’t recommend leaving it until the last minute! So why not start enjoying the benefits of cloud accounting as soon as you possibly can.
If you need to move on to MTD compliant software you can get in touch and we can recommend the best possible software which is going to benefit your business as Nordens are partnered with all the leading HMRC approved Making tax digital vendors. We can provide training and support and we will show you how to make using cloud software more effective and efficient showing you how easy it is to use.
If you are already using software it shouldn’t cost you any extra to submit your MTD VAT Returns and were already helping over 2000 businesses with our award-winning team at Nordens. We are helping make the digital transition smoother so you can focus on running your business.
It’s really easy to switch to digital accounting and working with Nordens you will always be on the latest most efficient version of the software with dedicated training and support. Nordens understand how Making Tax Digital will impact you, we’ve got loads of information and all the right tools to help you prepare for this mandatory move.
So for more information, why don’t you give us a call and speak to one of our award-winning team to help start your migration process today – our details are coming up on the screen.
If you’d like to know more about how we can help you stay compliant with MTD, as well as ensuring that your business is running in the most profitable way, call us to arrange a free chat over coffee with a member of our team. You can ring 0208 530 0720, or email paula.w@nordens.co.uk.
At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.
Our specialist strategic division at Nordens boasts some of the leading entrepreneurial business minds in the country. We cater towards delivering consistent success stories, whilst helping businesses achieve above and beyond their initial goals.
Through highly-tailored guidance, coaching and advice, Nordens Strategic are able to define exactly how your business can reach new levels of success.
Regardless of how you define ‘success’ for your business, our strategic service is guaranteed to bring about real and lasting change. By partnering with some of the UK’s top business coaches, we’ll steer you along the path to a greater future.
Every business, no matter how big or small, needs to make the right decisions, and how to best manage your accounts can put huge question marks over your business. Accounting2You is here to take that pressure off and provide you with all the answers you need.
Our bookkeeping branch offers a fully inclusive, comprehensive service that you can trust. Since 2005, our specialist bookkeepers have been successfully managing the accounting of both individuals and small businesses.
With experts in payroll analysis, credit control and financial recording, Accounting2You will lead your business efficiently, and with real purpose, towards a prosperous future.
Voted as EXCELLENT - 9.9 out of 10 based on 167 reviews
Director - Metro Bank
Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.
Co-Founder - Chicmi Limited
Very good to work with - the team go above and beyond to make the accounts easy and efficient. They're all super friendly and a joy to work with.
Director - Rose Opticians
I have been using Nordens Chartered Accountants for 5 years and very happy with the service provided. All members of the team are very knowledgeable and have a wealth of experience which has proved very beneficial to my organisation
Founder & Director - Physio LDN
Very easy to contact and put me in touch with the right person whenever I need to ask any questions. Extremely knowledgeable and can help me manage my various businesses whenever I need.
Principal - Pauline Quirke Academy
Great accountants, always available to offer advice. The team have transformed my business.
Founder - Dataphone
Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice. We have also been using Nordens strategic services for a couple of years, which has helped bring about significant improvements that exceeded my expectations. With experience of working with several local accountants over my 29 years in business, I’m very pleased with the service I have received from Nordens.
Director - Linekers
Trusted our business with Nordens for over 10 years now and watched the company grow into the successful innovative business it has become today. Deservedly so. Every aspect of financial advice we need is always given promptly and with a smile. We have total confidence in all aspects of advice Nordens give. If you are looking for accountants, its a no brainer!
Founder - Foundation Sports Limited
A fantastic, modern, vibrant firm that care about the clients and their staff in abundance. It is rare to find an Accountancy firm with such vibrance and focus and relationships. It is no wonder they win award after award in their field.
Managing Director - Prime Time Boilers
I have been with Nordens for many years now and they are a great accountants.
Founder - Vivid Finishes
We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.
Managing Director - AMD Interior Architecture
Great Service at Nordens from a friendly very approachable team Particularly Kirsty Willis and Joe Sword who have been helping us since we started the business in 2016.
Director - Forma London
Nordens provide a first class service. We moved to Nordens last year and have been impressed with the level of service provided. Keep up the good work!
We've always got our ears to the ground when it comes to interesting, useful and topical information relating to business and accountancy.
We love making videos that break down convoluted accountancy jargon into plain-talking, actionable and accessible facts.
In November 2002, having sold our other business interests off earlier in the year, I decided to set up Nordens Chartered Accountants. The easy part was knowing how to do it, as I had established and built a smaller practice a few years earlier. The difficult part, for me, was not following the traditional accountancy path. Having run businesses, both successfully and unsuccessfully, I wanted to help business owners resolve their short term problems and work with them to achieve their longer term goals. Business has always been my interest and I love that I can help business owners achieve what seems like the impossible every single working day.
Mark Norden
Founder
Our limited company accountants have a range of qualifications from The Institute Of Chartered Accountants (ICAEW) to the Association of Chartered Certified Accountants (ACCA). We worry about the bye-laws, regulations and ethical guidelines of the ACCA so you don’t have to! That makes us an ACCA-accredited employer as well as a Professional Passport-accredited one!
At Nordens, we're committed to keeping our clients updated on all things business strategy and news. Each week we update our newsletter subscribers on what really matters in the big bad world of business. That way, you can stay one step ahead!
Call: 0208 530 0720
Email: enquiries@nordens.co.uk
Interested In Nordens? Give us a call on 0208 530 0720 or or request a direct call back anytime between 8:00am to 6:00pm!
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Nordens is a trading name of Nordens Limited, a limited company registered in England under company number 04709951. Our registered office is: The Retreat, 406 Roding Lane South, Woodford Green, Essex, IG8 8EY.
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