Does anyone have any extra information abou thow this will work? Is Xero going to be able to do direct MTD updates? I assume so or everyone without an accountant is going to have to get one?!
When thinking about practice workflow does anyone have an opinion on how this will work? Submit MTD updates from Xero? Sync data with Iris and do it from there? Either I am missing something or this is still clear as mud!
And for existing sole trade clients who just give us a pile of paper at the end of the year (luckily we have very few) has anyone decided on the lightest touch way of converting them? Xero is something like £240 a year if you want clients to do some of the data entry. Kashflow is cheaper.
And before you accuse me of not being ready, 90% of our clients are Limited Companies so we still have plenty of time..........!!