HMRC Compliance Archives - capium Just another WordPress site Mon, 02 Feb 2026 15:38:24 +0000 en-US hourly 1 https://www.capium.com/wp-content/uploads/2023/02/cropped-chota_capium-removebg-preview-32x32.png HMRC Compliance Archives - capium 32 32 How to Turn MTD IT Compliance Into a Revenue Opportunity for Your Practice  https://www.capium.com/mtd-it-compliance-revenue-opportunity-uk-accountants/ https://www.capium.com/mtd-it-compliance-revenue-opportunity-uk-accountants/#respond Mon, 02 Feb 2026 15:18:29 +0000 https://www.capium.com/?p=17994 How to Turn MTD IT Compliance Into a Revenue Opportunity for Your Practice  Making Tax Digital for Income Tax (MTD IT) is often framed as a compliance headache for UK accounting firms. Quarterly updates, digital record keeping, new client behaviours, and increased HMRC oversight can understandably feel like added pressure, especially when many practices are already stretched.  But for forward-thinking accountants, MTD IT is also a significant revenue opportunity.  As MTD IT becomes mandatory from April 2026 (with thresholds widening in 2027 and 2028), firms that proactively redesign their services, pricing, and client segmentation can increase recurring fees, deepen client relationships, and deliver higher-value advisory services, all while remaining fully HMRC-compliant.  We explore how to turn MTD IT compliance into a profitable, scalable service line.  Why MTD IT Is a Commercial Opportunity (Not Just a Regulatory Change)  MTD IT fundamentally changes how and when clients interact with their accountant. Instead of a single annual tax return, accountants will now be involved in quarterly reporting, ongoing digital record reviews, and year-end final declarations.  This shift creates three important realities:  Accountants are required more frequently, not less  Clients need more support, especially during the transition to digital  The value of professional oversight increases, particularly for complex or multi-income clients  Firms that continue to price MTD IT as a “free add-on” to existing services risk absorbing a significant workload increase without additional revenue. Firms that reframe MTD IT as an ongoing service (with clear scope, structure, and value) can create predictable, recurring income.  Packaging MTD IT Services the Smart Way  One of the most effective ways to monetise MTD IT is through clearly defined service packages that reflect different client needs, behaviours, and price sensitivities.  Rather than offering a single MTD IT service, successful firms typically introduce tiered packages, for example:  Entry-Level: DIY / Software-Led MTD IT  This package suits digitally confident clients who are happy to maintain their own records using MTD IT software.  The accountant’s role focuses on:  Initial MTD IT setup and HMRC authorisation  Light-touch quarterly reviews  Final declaration submission  This is a lower-cost option for clients but still generates recurring quarterly fees with minimal time investment when supported by the right MTD IT software.  Mid-Tier: Review & Submit  This is often the most popular option for sole traders and landlords.  Clients maintain digital records, but the accountant:  Reviews quarterly data for accuracy and completeness  Corrects obvious errors  Submits MTD IT quarterly updates to HMRC  Provides basic tax visibility throughout the year  This tier balances efficiency with professional oversight and can be priced comfortably above traditional self-assessment fees due to the increased touchpoints.  Premium: Fully Managed MTD IT  Designed for complex, time-poor, or higher-value clients, this package positions the accountant as a proactive partner rather than a compliance processor.  It typically includes:  Full digital record keeping  Quarterly submissions and year-end filing  Ongoing tax insight and forecasting  Advisory conversations based on real-time data  This tier delivers the highest margins, strongest client retention, and the greatest opportunity for upselling advisory services.  Client Segmentation Is the Key to Profitability  Not all clients should be treated the same under MTD IT.  A common mistake firms make is offering identical MTD IT services to every client, regardless of digital ability, income complexity, or willingness to engage.  Instead, MTD IT provides the perfect reason to re-segment your client base, using criteria such as:  Digital confidence  Number of income sources  VAT registration  Desire for involvement vs delegation  Segmented services allow you to:  Price appropriately  Protect staff time  Avoid over-servicing low-fee clients  Focus advisory effort where it delivers real value  MTD IT Opens the Door to Advisory Services  Quarterly reporting means quarterly data, and that data is invaluable.  With MTD IT-compliant software, accountants gain access to up-to-date income and expense information throughout the year, rather than months after the year end. This creates natural opportunities for advisory conversations, including:  Tax planning before liabilities are fixed  Cash flow insights  Profitability reviews  Forecasting and budgeting  Structuring advice for growing businesses  Rather than selling advisory as a separate, abstract service, MTD IT allows advisory to be embedded naturally into the compliance process, making it easier to justify fees and easier for clients to understand the value.  Technology Is What Makes This Scalable  None of this works without the right technology.  MTD IT software should reduce manual work, not increase it. The right solution enables:  Digital record keeping  Automated data flows  Clear separation between record keeping and submission  Efficient quarterly reviews  Seamless HMRC submissions  When your MTD IT technology is designed for accountants, not just end users, you can scale services profitably without adding headcount for every new client.  MTD IT Rewards Proactive Firms  MTD IT is unavoidable. But how it impacts your practice is a choice.  Firms that delay action or treat MTD IT as a compliance burden risk margin erosion and client frustration. Firms that act early, educate clients, redesign pricing, and invest in the right MTD IT software can transform regulatory change into a long-term revenue engine.  MTD IT isn’t just about meeting HMRC requirements. It’s about building a more resilient, recurring, and advisory-led accounting practice.  Get in touch with our team to find out how Capium can help your practice with preparing for MTD IT today.

The post How to Turn MTD IT Compliance Into a Revenue Opportunity for Your Practice  appeared first on capium.

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How to Turn MTD IT Compliance Into a Revenue Opportunity for Your Practice 

Making Tax Digital for Income Tax (MTD IT) is often framed as a compliance headache for UK accounting firms. Quarterly updates, digital record keeping, new client behaviours, and increased HMRC oversight can understandably feel like added pressure, especially when many practices are already stretched. 

But for forward-thinking accountants, MTD IT is also a significant revenue opportunity. 

As MTD IT becomes mandatory from April 2026 (with thresholds widening in 2027 and 2028), firms that proactively redesign their services, pricing, and client segmentation can increase recurring fees, deepen client relationships, and deliver higher-value advisory services, all while remaining fully HMRC-compliant. 

We explore how to turn MTD IT compliance into a profitable, scalable service line. 

Why MTD IT Is a Commercial Opportunity (Not Just a Regulatory Change) 

MTD IT fundamentally changes how and when clients interact with their accountant. Instead of a single annual tax return, accountants will now be involved in quarterly reporting, ongoing digital record reviews, and year-end final declarations. 

This shift creates three important realities: 

  • Accountants are required more frequently, not less 
  • Clients need more support, especially during the transition to digital 
  • The value of professional oversight increases, particularly for complex or multi-income clients 

Firms that continue to price MTD IT as a “free add-on” to existing services risk absorbing a significant workload increase without additional revenue. Firms that reframe MTD IT as an ongoing service (with clear scope, structure, and value) can create predictable, recurring income. 

Packaging MTD IT Services the Smart Way 

One of the most effective ways to monetise MTD IT is through clearly defined service packages that reflect different client needs, behaviours, and price sensitivities. 

Rather than offering a single MTD IT service, successful firms typically introduce tiered packages, for example: 

Entry-Level: DIY / Software-Led MTD IT 

This package suits digitally confident clients who are happy to maintain their own records using MTD IT software. 

The accountant’s role focuses on: 

  • Initial MTD IT setup and HMRC authorisation 
  • Light-touch quarterly reviews 
  • Final declaration submission 

This is a lower-cost option for clients but still generates recurring quarterly fees with minimal time investment when supported by the right MTD IT software. 

Mid-Tier: Review & Submit 

This is often the most popular option for sole traders and landlords. 

Clients maintain digital records, but the accountant: 

  • Reviews quarterly data for accuracy and completeness 
  • Corrects obvious errors 
  • Submits MTD IT quarterly updates to HMRC 
  • Provides basic tax visibility throughout the year 

This tier balances efficiency with professional oversight and can be priced comfortably above traditional self-assessment fees due to the increased touchpoints. 

Premium: Fully Managed MTD IT 

Designed for complex, time-poor, or higher-value clients, this package positions the accountant as a proactive partner rather than a compliance processor. 

It typically includes: 

  • Full digital record keeping 
  • Quarterly submissions and year-end filing 
  • Ongoing tax insight and forecasting 
  • Advisory conversations based on real-time data 

This tier delivers the highest margins, strongest client retention, and the greatest opportunity for upselling advisory services. 

Client Segmentation Is the Key to Profitability 

Not all clients should be treated the same under MTD IT. 

A common mistake firms make is offering identical MTD IT services to every client, regardless of digital ability, income complexity, or willingness to engage. 

Instead, MTD IT provides the perfect reason to re-segment your client base, using criteria such as: 

  • Digital confidence 
  • Number of income sources 
  • VAT registration 
  • Desire for involvement vs delegation 

Segmented services allow you to: 

  • Price appropriately 
  • Protect staff time 
  • Avoid over-servicing low-fee clients 
  • Focus advisory effort where it delivers real value 

MTD IT Opens the Door to Advisory Services 

Quarterly reporting means quarterly data, and that data is invaluable. 

With MTD IT-compliant software, accountants gain access to up-to-date income and expense information throughout the year, rather than months after the year end. This creates natural opportunities for advisory conversations, including: 

  • Tax planning before liabilities are fixed 
  • Cash flow insights 
  • Profitability reviews 
  • Forecasting and budgeting 
  • Structuring advice for growing businesses 

Rather than selling advisory as a separate, abstract service, MTD IT allows advisory to be embedded naturally into the compliance process, making it easier to justify fees and easier for clients to understand the value. 

Technology Is What Makes This Scalable 

None of this works without the right technology. 

MTD IT software should reduce manual work, not increase it. The right solution enables: 

  • Digital record keeping 
  • Automated data flows 
  • Clear separation between record keeping and submission 
  • Efficient quarterly reviews 
  • Seamless HMRC submissions 

When your MTD IT technology is designed for accountants, not just end users, you can scale services profitably without adding headcount for every new client. 

MTD IT Rewards Proactive Firms 

MTD IT is unavoidable. But how it impacts your practice is a choice. 

Firms that delay action or treat MTD IT as a compliance burden risk margin erosion and client frustration. Firms that act early, educate clients, redesign pricing, and invest in the right MTD IT software can transform regulatory change into a long-term revenue engine. 

MTD IT isn’t just about meeting HMRC requirements.
It’s about building a more resilient, recurring, and advisory-led accounting practice. 

Get in touch with our team to find out how Capium can help your practice with preparing for MTD IT today.

The post How to Turn MTD IT Compliance Into a Revenue Opportunity for Your Practice  appeared first on capium.

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Exclusive: HMRC Joins Capium Live – Your Guide to MTD IT Success https://www.capium.com/exclusive-hmrc-joins-capium-live-your-guide-to-mtd-it-success/ https://www.capium.com/exclusive-hmrc-joins-capium-live-your-guide-to-mtd-it-success/#respond Mon, 13 Oct 2025 14:30:02 +0000 https://www.capium.com/?p=17085 Exclusive: HMRC Joins Capium Live – Your Guide to MTD IT Success  The countdown to Making Tax Digital for Income Tax (MTD IT) is officially on, and preparation is key.  As the transition draws nearer, accountants and bookkeepers across the UK are asking the same vital questions:  What exactly does HMRC expect from agents and their clients?  How do we streamline submissions and stay compliant?  Which tools make digital recordkeeping simple and efficient?  On Tuesday 21st October at 10am, join us for a special joint session where we’ll answer these questions and more.  This 45-minute live webinar brings together HMRC’s Sam Wood and Capium’s Director of Product & Growth, Nicholas Cheyne, for a clear, practical walkthrough of what’s next for MTD IT, and how Capium’s technology can make compliance easier for you and your clients.  What You’ll Learn  Official MTD IT Updates Direct from HMRC Hear the latest from Sam Wood, who will share timelines, agent responsibilities, and digital recordkeeping requirements under MTD for Income Tax. Gain clarity on how HMRC is supporting accountants during the rollout, and how to prepare your clients now.  Capium 365 in Action See a short demo of Capium 365, HMRC-recognised software that simplifies MTD IT workflows. From digital recordkeeping and automation to quarterly updates and final declarations, see how Capium helps you stay efficient, compliant, and connected.  Live Q&A with HMRC and Capium Bring your questions and get real-time answers from both sides; HMRC and Capium’s experts.  Webinar Agenda  10:00 AM – Welcome & Introduction Hosted by Nicholas Cheyne, Director of Product & Growth, Capium.  10:05 AM – MTD IT Updates & Guidance from HMRC Presented by Sam Wood, HMRC.  Key milestones and upcoming changes  Digital recordkeeping and quarterly submissions explained  HMRC support and compliance guidance  10:30 AM – Capium 365 in Action Live demo: How Capium 365 supports accountants with MTD IT.  10:40 AM – Live Q&A with HMRC & Capium Ask your questions and get direct, practical answers.  10:55 AM – Wrap-Up & Resources Access helpful guides and get ready to take your next step toward MTD readiness.  Why You Shouldn’t Miss It  This is your chance to hear directly from HMRC and get practical insights you can apply right away. You’ll leave the session with a clear roadmap for MTD IT success, a helpful guide, and knowing how Capium 365 can help your practice handle compliance with confidence.  Save your seat now and join us live on Tuesday 21st October at 10am. Register Here   

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Exclusive: HMRC Joins Capium Live – Your Guide to MTD IT Success 

The countdown to Making Tax Digital for Income Tax (MTD IT) is officially on, and preparation is key. 

As the transition draws nearer, accountants and bookkeepers across the UK are asking the same vital questions: 

  • What exactly does HMRC expect from agents and their clients? 
  • How do we streamline submissions and stay compliant? 
  • Which tools make digital recordkeeping simple and efficient? 

On Tuesday 21st October at 10am, join us for a special joint session where we’ll answer these questions and more. 

This 45-minute live webinar brings together HMRC’s Sam Wood and Capium’s Director of Product & Growth, Nicholas Cheyne, for a clear, practical walkthrough of what’s next for MTD IT, and how Capium’s technology can make compliance easier for you and your clients. 

What You’ll Learn 

Official MTD IT Updates Direct from HMRC
Hear the latest from Sam Wood, who will share timelines, agent responsibilities, and digital recordkeeping requirements under MTD for Income Tax. Gain clarity on how HMRC is supporting accountants during the rollout, and how to prepare your clients now. 

Capium 365 in Action
See a short demo of Capium 365, HMRC-recognised software that simplifies MTD IT workflows. From digital recordkeeping and automation to quarterly updates and final declarations, see how Capium helps you stay efficient, compliant, and connected. 

Live Q&A with HMRC and Capium
Bring your questions and get real-time answers from both sides; HMRC and Capium’s experts. 

Webinar Agenda 

10:00 AM – Welcome & Introduction
Hosted by Nicholas Cheyne, Director of Product & Growth, Capium. 

10:05 AM – MTD IT Updates & Guidance from HMRC
Presented by Sam Wood, HMRC. 

  • Key milestones and upcoming changes 
  • Digital recordkeeping and quarterly submissions explained 
  • HMRC support and compliance guidance 

10:30 AM – Capium 365 in Action
Live demo: How Capium 365 supports accountants with MTD IT. 

10:40 AM – Live Q&A with HMRC & Capium
Ask your questions and get direct, practical answers. 

10:55 AM – Wrap-Up & Resources
Access helpful guides and get ready to take your next step toward MTD readiness. 

Why You Shouldn’t Miss It 

This is your chance to hear directly from HMRC and get practical insights you can apply right away.
You’ll leave the session with a clear roadmap for MTD IT success, a helpful guide, and knowing how Capium 365 can help your practice handle compliance with confidence. 

Save your seat now and join us live on Tuesday 21st October at 10am.
Register Here 

 

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Capium makes first successful SA MTD submission https://www.capium.com/capium-makes-first-successful-sa-mtd-submission/ https://www.capium.com/capium-makes-first-successful-sa-mtd-submission/#respond Wed, 17 Sep 2025 14:13:28 +0000 https://www.capium.com/?p=17054 Capium Completes First Successful SA MTD Submission   [UK – August 2025] – Capium has confirmed that practices using its cloud platform have successfully completed their first Self-Assessment (SA) Making Tax Digital (MTD) quarterly returns for both UK Property income and Self-Employment tax as part of HMRC’s live pilot. This achievement highlights not only Capium’s technical readiness for MTD for Income Tax (MTD IT), but also the ability of its accountant and bookkeeper clients to file seamlessly under the new requirements — well ahead of the April 2026 mandate. A Defining Step Towards MTD for IT The shift to MTD for IT is one of the most significant changes in UK tax reporting in decades. With quarterly updates due to become mandatory, early participation in the pilot is critical. By enabling firms to make successful submissions, Capium has shown how software and practice collaboration together can reduce disruption, ensure compliance, and give clients confidence during the transition. This early success demonstrates the strength of Capium’s integrated approach: combining tax compliance, accounts production, bookkeeping, and practice management in one platform to streamline reporting and reduce the administrative burden on firms. Leadership and Practitioner Perspectives Tushir Patel, Co-Founder of Capium, said: “These pilot submissions are a true testament to the dedication of both our team and our clients. From the very start, our mission has been to simplify compliance and empower accountants with the right tools at the right time. With these successful filings, we’ve proven that Capium is not only ready for MTD for IT, but also a trusted partner for practices leading the way into this new era of digital tax.” Martyn Verity, Moorhurst Accountants, one of the firms involved in the pilot, commented: “Having worked with Capium for many years, the product and team’s support remain outstanding. The challenges of MTD have been met head-on, and we are proud to have successfully filed and delivered our MTD returns ahead of the curve. Both the software and support have exceeded expectations. Capium is a strong partner for proactive accountants.” This Matters for Accountants and Bookkeepers For firms taking part in the HMRC pilot, the early filings provide valuable reassurance that: MTD compliance is achievable now – Pilot submissions show the process is already working. Quarterly updates are manageable – Capium’s platform integrates bookkeeping with tax to minimise workload. Client relationships are protected – Early adoption helps practices demonstrate readiness and build trust. A trusted partner is in place – Capium’s technology and support give firms the confidence to lead, not follow. What’s Next Capium will continue to support practices through the pilot programme, working closely with HMRC to ensure readiness across all income types. In the coming months, the company will: Extend quarterly update capabilities across all relevant income sources. Provide resources and training to help firms manage the MTD transition. Enhance its cloud suite — spanning tax, accounts production, bookkeeping, payroll, AML, and practice management — into a fully unified solution for practices.

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Capium Completes First Successful SA MTD Submission  

[UK – August 2025] – Capium has confirmed that practices using its cloud platform have successfully completed their first Self-Assessment (SA) Making Tax Digital (MTD) quarterly returns for both UK Property income and Self-Employment tax as part of HMRC’s live pilot.

This achievement highlights not only Capium’s technical readiness for MTD for Income Tax (MTD IT), but also the ability of its accountant and bookkeeper clients to file seamlessly under the new requirements — well ahead of the April 2026 mandate.

A Defining Step Towards MTD for IT

The shift to MTD for IT is one of the most significant changes in UK tax reporting in decades. With quarterly updates due to become mandatory, early participation in the pilot is critical. By enabling firms to make successful submissions, Capium has shown how software and practice collaboration together can reduce disruption, ensure compliance, and give clients confidence during the transition.

This early success demonstrates the strength of Capium’s integrated approach: combining tax compliance, accounts production, bookkeeping, and practice management in one platform to streamline reporting and reduce the administrative burden on firms.

Leadership and Practitioner Perspectives

Tushir Patel, Co-Founder of Capium, said:

“These pilot submissions are a true testament to the dedication of both our team and our clients. From the very start, our mission has been to simplify compliance and empower accountants with the right tools at the right time. With these successful filings, we’ve proven that Capium is not only ready for MTD for IT, but also a trusted partner for practices leading the way into this new era of digital tax.”

Martyn Verity, Moorhurst Accountants, one of the firms involved in the pilot, commented:

“Having worked with Capium for many years, the product and team’s support remain outstanding. The challenges of MTD have been met head-on, and we are proud to have successfully filed and delivered our MTD returns ahead of the curve. Both the software and support have exceeded expectations. Capium is a strong partner for proactive accountants.”

This Matters for Accountants and Bookkeepers

For firms taking part in the HMRC pilot, the early filings provide valuable reassurance that:

  • MTD compliance is achievable now – Pilot submissions show the process is already working.
  • Quarterly updates are manageable – Capium’s platform integrates bookkeeping with tax to minimise workload.
  • Client relationships are protected – Early adoption helps practices demonstrate readiness and build trust.
  • A trusted partner is in place – Capium’s technology and support give firms the confidence to lead, not follow.

What’s Next

Capium will continue to support practices through the pilot programme, working closely with HMRC to ensure readiness across all income types. In the coming months, the company will:

  • Extend quarterly update capabilities across all relevant income sources.
  • Provide resources and training to help firms manage the MTD transition.
  • Enhance its cloud suite — spanning tax, accounts production, bookkeeping, payroll, AML, and practice management — into a fully unified solution for practices.

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MTD for Income Tax: Key Dates Accountants Need to Track https://www.capium.com/mtd-for-income-tax-key-dates-accountants-need-to-track/ https://www.capium.com/mtd-for-income-tax-key-dates-accountants-need-to-track/#respond Tue, 16 Sep 2025 13:25:01 +0000 https://www.capium.com/?p=17038 Making Tax Digital for Income Tax (MTD IT) is rolling out in stages and brings regular quarterly updates plus a new way to submit final returns. We’ve pulled together the key dates you and your clients need to know from 2026–2028 so you can plan workflows, client comms and staffing in good time.  MTD IT Timeline (2026–2028): Core Dates to Note (Chronological)  31 January 2026 — Final Self Assessment filing for 2024/25 under the exsiting regime.  6 April 2026 — Start of MTD IT: required use of compatible digital recordkeeping for affected taxpayers.  7 August 2026 — 1st quarterly update deadline under MTD IT.  7 November 2026 — 2nd quarterly updated deadline  31 January 2027 — Self Assessment for 2025/26 still submitted by the legacy route (not yet via MTD software).  7 February 2027 — 3rd quarterly update deadline.  7 May 2027 — 4th quarterly update deadline (completes the 2026/27 quarterly cycle).  7 August 2027 — Next cycle continues: 1st quarterly update deadline for the next period.  7 November 2027 — 2nd quarterly update deadline (2027 cycle).  31 January 2028 — Deadline to submit the 2026/27 tax return straight from MTD IT software (final declarations via MTD for 2026/27).  7 February 2028 — 3rd quarterly update deadline (2027/28 cycle).  7 May 2028 — 4th quarterly update deadline (2027/28 cycle).  Quick note: These dates set the cadence accountants and clients must follow; quarterly reporting is now a live, repeating requirement and final year-end submissions for 2026/27 will be done from MTD software by 31 Jan 2028.  VAT Deadlines  VAT return deadlines vary slightly depending on the stagger your clients are on, but in general:  Quarterly VAT returns: Usually due 1 month + 7 days after the end of each quarter (e.g. quarter ending 30 June → due 7 August).  Monthly VAT returns: Also due 1 month + 7 days after month-end.  Annual VAT accounting scheme: Return and payment due 2 months after the year-end.  Top Tip: Encourage clients to set up Direct Debit to avoid last-minute payment issues. HMRC no longer accepts cheques for VAT payments.  Accounts & Corporation Tax Deadlines  For companies:  Statutory Accounts Filing (Companies House): Due 9 months after year-end (e.g. 31 Dec 2024 YE → due 30 Sept 2025).  Corporation Tax Payment: Due 9 months + 1 day after year-end (same example: 1 Oct 2025).  Corporation Tax Return (CT600): Filing deadline is 12 months after year-end.  Practical reminder: Late filing penalties at Companies House start at £150 and can escalate quickly – worth chasing clients well before the 9-month deadline.  What This Means for Your Practice  Quarterly discipline is essential. MTD IT replaces a once-a-year only rhythm for many clients: missed quarterly updates can lead to the new HMRC penalty points regime.  Prepare for a catch-up year. Expect extra workload in the initial year(s) as historical records are reconciled and clients move onto digital processes.  Software readiness matters. Confirm that the bookkeeping, tax and reconciliation tools you rely on are MTD IT-compatible. If you use multiple platforms, have a plan to centralise or import data reliably.  Client communication is critical. Start client comms early: explain the change, segment clients by complexity, and use questionnaires to collect missing data.  Pilot and test. Join HMRC or software pilot schemes where available so you can work through real cases before deadlines tighten.  Action checklist for accountants (practical next steps)  Audit your client base: which clients are in scope and when?  Ensure software compatibility and test imports/exports.  Start client education now; explain timelines and what you’ll need from them.  Build catch-up pricing into the first year and offer flexible payment plans to clients.  Assign internal owners for quarterly submission monitoring (dashboard + reminders).  Join pilots or run a dry-run on a small client set (get in touch with us info@capium.com or call us on 020 3322 5578 if you would be interested to take part in Capium’s pilot scheme).  Downloadable timeline  We’ve created a printable PDF timeline you can share with colleagues and clients; a one-page visual of the dates above plus a short checklist to help clients stay compliant.  Download the MTD IT Timeline PDF 

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Making Tax Digital for Income Tax (MTD IT) is rolling out in stages and brings regular quarterly updates plus a new way to submit final returns. We’ve pulled together the key dates you and your clients need to know from 2026–2028 so you can plan workflows, client comms and staffing in good time. 

MTD IT Timeline (2026–2028): Core Dates to Note (Chronological) 

  • 31 January 2026 — Final Self Assessment filing for 2024/25 under the exsiting regime. 
  • 6 April 2026 — Start of MTD IT: required use of compatible digital recordkeeping for affected taxpayers. 
  • 7 August 20261st quarterly update deadline under MTD IT. 
  • 7 November 20262nd quarterly updated deadline 
  • 31 January 2027 — Self Assessment for 2025/26 still submitted by the legacy route (not yet via MTD software). 
  • 7 February 20273rd quarterly update deadline. 
  • 7 May 20274th quarterly update deadline (completes the 2026/27 quarterly cycle). 
  • 7 August 2027 — Next cycle continues: 1st quarterly update deadline for the next period. 
  • 7 November 20272nd quarterly update deadline (2027 cycle). 
  • 31 January 2028Deadline to submit the 2026/27 tax return straight from MTD IT software (final declarations via MTD for 2026/27). 
  • 7 February 20283rd quarterly update deadline (2027/28 cycle). 
  • 7 May 20284th quarterly update deadline (2027/28 cycle). 

Quick note: These dates set the cadence accountants and clients must follow; quarterly reporting is now a live, repeating requirement and final year-end submissions for 2026/27 will be done from MTD software by 31 Jan 2028. 

VAT Deadlines 

VAT return deadlines vary slightly depending on the stagger your clients are on, but in general: 

  • Quarterly VAT returns: Usually due 1 month + 7 days after the end of each quarter (e.g. quarter ending 30 June → due 7 August). 
  • Monthly VAT returns: Also due 1 month + 7 days after month-end. 
  • Annual VAT accounting scheme: Return and payment due 2 months after the year-end. 

Top Tip: Encourage clients to set up Direct Debit to avoid last-minute payment issues. HMRC no longer accepts cheques for VAT payments. 

Accounts & Corporation Tax Deadlines 

For companies: 

  • Statutory Accounts Filing (Companies House): Due 9 months after year-end (e.g. 31 Dec 2024 YE → due 30 Sept 2025). 
  • Corporation Tax Payment: Due 9 months + 1 day after year-end (same example: 1 Oct 2025). 
  • Corporation Tax Return (CT600): Filing deadline is 12 months after year-end. 

Practical reminder: Late filing penalties at Companies House start at £150 and can escalate quickly – worth chasing clients well before the 9-month deadline. 

What This Means for Your Practice 

  • Quarterly discipline is essential. MTD IT replaces a once-a-year only rhythm for many clients: missed quarterly updates can lead to the new HMRC penalty points regime. 
  • Prepare for a catch-up year. Expect extra workload in the initial year(s) as historical records are reconciled and clients move onto digital processes. 
  • Software readiness matters. Confirm that the bookkeeping, tax and reconciliation tools you rely on are MTD IT-compatible. If you use multiple platforms, have a plan to centralise or import data reliably. 
  • Client communication is critical. Start client comms early: explain the change, segment clients by complexity, and use questionnaires to collect missing data. 
  • Pilot and test. Join HMRC or software pilot schemes where available so you can work through real cases before deadlines tighten. 

Action checklist for accountants (practical next steps) 

  1. Audit your client base: which clients are in scope and when? 
  1. Ensure software compatibility and test imports/exports. 
  1. Start client education now; explain timelines and what you’ll need from them. 
  1. Build catch-up pricing into the first year and offer flexible payment plans to clients. 
  1. Assign internal owners for quarterly submission monitoring (dashboard + reminders). 
  1. Join pilots or run a dry-run on a small client set (get in touch with us info@capium.com or call us on 020 3322 5578 if you would be interested to take part in Capium’s pilot scheme). 

Downloadable timeline 

We’ve created a printable PDF timeline you can share with colleagues and clients; a one-page visual of the dates above plus a short checklist to help clients stay compliant. 

Download the MTD IT Timeline PDF 

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Self assessment software: integrations https://www.capium.com/self-assessment-software-integrations/ https://www.capium.com/self-assessment-software-integrations/#respond Tue, 26 Aug 2025 10:45:52 +0000 https://capium.com/?p=16456 Self assessment software: integrations We often say two things: one, that software is only as good as its user, and two, that software is no good if it doesn’t integrate with other systems. In other words – good software focuses on great user experience (and robust training) and seamless integrations.  Nowhere is that more true than with self assessment software. Used properly and with the right integrations, it can transform your way of working. In other blogs, we’ve covered the following topics: How to pick the right self assessment software for your firm How much does self assessment software cost? Providing self-assessment as a service with software In this article, we’re purely focused on integrations. Here, we’ll outline exactly what integrations Capium’s self assessment software comes with, how to use them, and why they’re beneficial to accountants.  What integrations does Capium’s self assessment software offer? Capium’s self-assessment software offers a range of integrations designed to streamline the tax return process for accountants. Below, we explore each integration, detailing its functionality, usage, and the benefits it brings to accounting practices. 1. HMRC Integration Our self-assessment software seamlessly integrates with HMRC, meaning you can submit clients’ tax returns directly from the platform. This direct connection makes it easy for you to make sure that submissions are both timely and compliant with current regulations. How to use: Prepare the client’s tax return within Capium Review and validate the information to ensure accuracy Use the ‘Submit’ feature to send the return directly to HMRC at the click of a button. Benefits: Reduces the need for manual submissions, saving you time Minimises errors associated with manual data entry Provides real-time submission status updates, keeping you informed throughout 2. Dividend database integration Our self assessment software includes built-in dividend databases, allowing you and your team to access historical dividend information for FTSE 100 companies. We’ve designed this integration to simplify the process of reporting dividend income on self-assessment returns. How to use: Within the client’s tax return, navigate to the dividends section Access the integrated dividend database to retrieve relevant information Import the necessary dividend data directly into the client’s return. Benefits: No more manually searching for dividend information Keeps things accurate by using up-to-date and verified data Speeds up the process of completing tax returns involving dividend income. Bookkeeping integration Our self-assessment software integrates with other Capium software, including our bookkeeping module. For accountants, that means seamless data transfer between bookkeeping records and tax returns. How to use: Maintain up-to-date bookkeeping records within Capium When preparing your client’s self-assessment return, import relevant financial data from the bookkeeping module Review and adjust the imported data as necessary to complete the tax return. Benefits: Reduces duplication of effort by reusing existing financial data Enhances accuracy by minimising manual data entry Streamlines the workflow between bookkeeping and tax preparation tasks. Practice Management integration Because our software integrates with our practice management module, using Capium makes it straightforward to track the status of self-assessment returns, manage deadlines, and assign tasks to team members. How to use: Set up client profiles and assign self-assessment tasks within the practice management module Monitor the progress of each tax return, noting upcoming deadlines and completed tasks Use the system to communicate with team members and delegate responsibilities. Benefits: Improves organisation and gives you complete oversight of the self-assessment process Facilitates collaboration among your team Helps ensure that all client returns are completed accurately and on time. Our 20-strong tech team have designed these integrations to make sure that our cloud-based self assessment software truly enhances efficiency, accuracy, and compliance throughout the tax return process. By leveraging the power of integration, we anticipate and respond to future challenges, so that you can operate with confidence.  To see Capium’s self assessment software integrations in action, sign up for a demo or start your free trial today. 

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Self assessment software: integrations

We often say two things: one, that software is only as good as its user, and two, that software is no good if it doesn’t integrate with other systems. In other words – good software focuses on great user experience (and robust training) and seamless integrations. 

Nowhere is that more true than with self assessment software. Used properly and with the right integrations, it can transform your way of working. In other blogs, we’ve covered the following topics:

In this article, we’re purely focused on integrations. Here, we’ll outline exactly what integrations Capium’s self assessment software comes with, how to use them, and why they’re beneficial to accountants. 

What integrations does Capium’s self assessment software offer?

Capium’s self-assessment software offers a range of integrations designed to streamline the tax return process for accountants. Below, we explore each integration, detailing its functionality, usage, and the benefits it brings to accounting practices.

1. HMRC Integration

Our self-assessment software seamlessly integrates with HMRC, meaning you can submit clients’ tax returns directly from the platform. This direct connection makes it easy for you to make sure that submissions are both timely and compliant with current regulations.

How to use:

  • Prepare the client’s tax return within Capium
  • Review and validate the information to ensure accuracy
  • Use the ‘Submit’ feature to send the return directly to HMRC at the click of a button.

Benefits:

  • Reduces the need for manual submissions, saving you time
  • Minimises errors associated with manual data entry
  • Provides real-time submission status updates, keeping you informed throughout

2. Dividend database integration

Our self assessment software includes built-in dividend databases, allowing you and your team to access historical dividend information for FTSE 100 companies. We’ve designed this integration to simplify the process of reporting dividend income on self-assessment returns.

How to use:

  • Within the client’s tax return, navigate to the dividends section
  • Access the integrated dividend database to retrieve relevant information
  • Import the necessary dividend data directly into the client’s return.

Benefits:

  • No more manually searching for dividend information
  • Keeps things accurate by using up-to-date and verified data
  • Speeds up the process of completing tax returns involving dividend income.
  1. Bookkeeping integration

Our self-assessment software integrates with other Capium software, including our bookkeeping module. For accountants, that means seamless data transfer between bookkeeping records and tax returns.

How to use:

  • Maintain up-to-date bookkeeping records within Capium
  • When preparing your client’s self-assessment return, import relevant financial data from the bookkeeping module
  • Review and adjust the imported data as necessary to complete the tax return.

Benefits:

  • Reduces duplication of effort by reusing existing financial data
  • Enhances accuracy by minimising manual data entry
  • Streamlines the workflow between bookkeeping and tax preparation tasks.
  1. Practice Management integration

Because our software integrates with our practice management module, using Capium makes it straightforward to track the status of self-assessment returns, manage deadlines, and assign tasks to team members.

How to use:

  • Set up client profiles and assign self-assessment tasks within the practice management module
  • Monitor the progress of each tax return, noting upcoming deadlines and completed tasks
  • Use the system to communicate with team members and delegate responsibilities.

Benefits:

  • Improves organisation and gives you complete oversight of the self-assessment process
  • Facilitates collaboration among your team
  • Helps ensure that all client returns are completed accurately and on time.

Our 20-strong tech team have designed these integrations to make sure that our cloud-based self assessment software truly enhances efficiency, accuracy, and compliance throughout the tax return process. By leveraging the power of integration, we anticipate and respond to future challenges, so that you can operate with confidence. 

To see Capium’s self assessment software integrations in action, sign up for a demo or start your free trial today

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Providing accounts production as a service with software https://www.capium.com/providing-accounts-production-as-a-service-with-software/ https://www.capium.com/providing-accounts-production-as-a-service-with-software/#respond Wed, 05 Mar 2025 10:43:15 +0000 https://capium.com/?p=16507 Providing accounts production as a service with software Offering accounts production services is a central aspect of many accountants’ businesses – because it’s something that most clients want and need. As your practice grows, then, it stands to reason that the number and complexity of financial statements you need to prepare increases, too.  And that’s where brilliant software comes in.  If you ask us, we think accounts production software is the optimal solution for completing your clients’ statutory accounts – regardless of their size or structure – at scale and at pace, as your portfolio grows. Here’s how accounts production software can transform the way you offer accounts production as a service to clients big and small.  How does software enhance accounts production services?  As with most modular accounting software solutions designed with facilitating the delivery of one specific accounting service in mind, accounts production software is incredibly tailored to its purpose. In Capium’s case, it was actually built by accountants, for accountants (and then backed up by a 20 strong tech team to make our vision happen).  We’ve designed our accounts production software to centre around three simple principles: automation, compliance and efficiency. But how does software enhance your ability to deliver accounts production services specifically? Here are some of the key ways: Direct integrations Accuracy and compliance are simplified when your software integrates with your existing systems – essentially, when it all talks to each other without you having to get involved or manage the conversation.  Capium’s accounts production software integrates seamlessly with HMRC, Companies House, and other platforms – as well as with other Capium tools, meaning data is entered once and flows through the entire system, preventing duplication and reducing errors. Complete compliance  Keeping client data secure is paramount, and Capium’s cloud-based platform makes sure that sensitive financial documents are stored securely, but remain easily accessible whenever you need them. It’s also designed to update automatically, which means you’ll always be compliant with the latest regulations, whether that’s Making Tax Digital (MTD), iXBRL, or GDPR.  Desktop level detail, at your fingertips  It makes sense that we’d champion cloud-based accounts production software as an ideal solution for accountants – after all, we’re the ones who make it. For that reason, we’ll let one of our clients detail her experience instead: “Capium’s accounts production software is a flexible tool — it uploads trial balances and you can easily create new general ledger code. We use it in conjunction with the corporation tax suite; it makes it very easy to produce accounts and submit them. It’s everything you would expect from desktop accounts software but in the cloud. Recommended.” Efficient client management Managing accounts for multiple clients becomes a manageable task with the right tools. Capium’s software provides a clear, centralised view of your client base, enabling you to track progress and manage large volumes of accounts efficiently. You can monitor the status of every client’s financial statements, ensuring everything is filed on time. Why choose Capium for accounts production software? Having once been accountants ourselves, we understand the challenges that come with managing accounts production, especially during peak seasons. We’ve put that experience to good use, designing accounts production software to streamline accountants ability to deliver the service.  If you’re ready to revolutionise the way you approach accounts production, we’d love to offer you a free trial so you can see how the software works in practice.

The post Providing accounts production as a service with software appeared first on capium.

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Providing accounts production as a service with software

Offering accounts production services is a central aspect of many accountants’ businesses – because it’s something that most clients want and need. As your practice grows, then, it stands to reason that the number and complexity of financial statements you need to prepare increases, too. 

And that’s where brilliant software comes in. 

If you ask us, we think accounts production software is the optimal solution for completing your clients’ statutory accounts – regardless of their size or structure – at scale and at pace, as your portfolio grows. Here’s how accounts production software can transform the way you offer accounts production as a service to clients big and small. 

How does software enhance accounts production services? 

As with most modular accounting software solutions designed with facilitating the delivery of one specific accounting service in mind, accounts production software is incredibly tailored to its purpose. In Capium’s case, it was actually built by accountants, for accountants (and then backed up by a 20 strong tech team to make our vision happen). 

We’ve designed our accounts production software to centre around three simple principles: automation, compliance and efficiency. But how does software enhance your ability to deliver accounts production services specifically? Here are some of the key ways:

Direct integrations

Accuracy and compliance are simplified when your software integrates with your existing systems – essentially, when it all talks to each other without you having to get involved or manage the conversation. 

Capium’s accounts production software integrates seamlessly with HMRC, Companies House, and other platforms – as well as with other Capium tools, meaning data is entered once and flows through the entire system, preventing duplication and reducing errors.

Complete compliance 

Keeping client data secure is paramount, and Capium’s cloud-based platform makes sure that sensitive financial documents are stored securely, but remain easily accessible whenever you need them. It’s also designed to update automatically, which means you’ll always be compliant with the latest regulations, whether that’s Making Tax Digital (MTD), iXBRL, or GDPR. 

Desktop level detail, at your fingertips 

It makes sense that we’d champion cloud-based accounts production software as an ideal solution for accountants – after all, we’re the ones who make it. For that reason, we’ll let one of our clients detail her experience instead:

“Capium’s accounts production software is a flexible tool — it uploads trial balances and you can easily create new general ledger code. We use it in conjunction with the corporation tax suite; it makes it very easy to produce accounts and submit them. It’s everything you would expect from desktop accounts software but in the cloud. Recommended.”

Efficient client management

Managing accounts for multiple clients becomes a manageable task with the right tools. Capium’s software provides a clear, centralised view of your client base, enabling you to track progress and manage large volumes of accounts efficiently. You can monitor the status of every client’s financial statements, ensuring everything is filed on time.

Why choose Capium for accounts production software?

Having once been accountants ourselves, we understand the challenges that come with managing accounts production, especially during peak seasons. We’ve put that experience to good use, designing accounts production software to streamline accountants ability to deliver the service. 

If you’re ready to revolutionise the way you approach accounts production, we’d love to offer you a free trial so you can see how the software works in practice.

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Accounts production software: integrations https://www.capium.com/accounts-production-software-integrations/ https://www.capium.com/accounts-production-software-integrations/#respond Wed, 05 Mar 2025 10:40:14 +0000 https://capium.com/?p=16503 Accounts production software: integrations At Capium, we often emphasise two key principles: software is only as effective as its user, and truly great software integrates seamlessly with other tools and systems. These ideas are especially relevant to accounts production software, where the right integrations can be game-changing when it comes to saving you time and reducing errors. In previous articles, we’ve discussed topics such as: Key features of accounts production software for accountants Why use accounts production software? How to pick the right accounts production software as an accountant How much does accounts production software cost? Today, we’ll dive deeper into integrations. Specifically, this blog explores the integrations offered by Capium’s accounts production software, how to use them, and how they benefit your accounting practice. What integrations does Capium’s accounts production software offer? Capium’s accounts production software comes with a range of powerful integrations that simplify the process of preparing statutory accounts and working with clients. These integrations are designed to save time, enhance accuracy, and ensure compliance with regulatory requirements. Below, we explore each integration in detail. 1. Integration with HMRC One of the most important integrations of our accounts production software is its direct integration with HMRC. Our team designed this integration to allow you to seamlessly submit corporation tax returns without leaving the platform, while ensuring compliance with current regulations and simplifying the submission process overall. How to use: Prepare the client’s accounts within Capium software Validate the information to ensure it aligns with HMRC’s requirements Submit the return directly to HMRC with a single click, receiving real-time status updates. Benefits: Save time by eliminating manual submissions Reduce errors with built-in validation checks Ensures compliance with HMRC regulations through regular software updates. 2. Integration with Companies House Our integration with Companies House means you can submit statutory accounts directly, ensuring clients meet their filing obligations on time. This integration also makes it easy to find and retrieve company information, helping to streamline the accounts preparation process. How to use: Finalise the statutory accounts in Capium’s software Use the Companies House submission feature to file the accounts directly Track the submission status within the platform. Benefits: Simplify the filing process by enabling direct submissions Reduce the risk of late filings with built-in deadline reminders Provide a centralised workflow for preparing and filing statutory accounts. 3. Bookkeeping integration Capium’s accounts production software works hand-in-hand with our other modules. Its integration with our bookkeeping software, for example, allows it to feed data into your tax returns and reports, making data transfer as seamless as possible. This eliminates duplication and ensures consistency across your workflow. How to use: Keep client’s bookkeeping up-to-date in Capium’s bookkeeping module When preparing statutory accounts, import financial data directly from the bookkeeping records Review and adjust the data as needed to finalise the accounts. Benefits: Save time by reusing existing financial data Enhance accuracy by minimising manual data entry Join up bookkeeping and accounts production tasks. 4. Practice management integration As above, we’ve designed all our Capium modules to talk to each other without you having to get involved. One way this is especially useful is the integration with our practice management module, which allows you to manage tasks, track deadlines, and oversee workflows efficiently. How to use: Assign accounts production tasks to team members using the practice management module Track the progress of each task, including key deadlines and milestones Use the module to communicate with team members and monitor overall performance. Benefits: Improve organisation and visibility across the accounts production process Enhance collaboration among team members with task delegation and status tracking Ensure timely completion of statutory accounts with automated reminders. Why integration matters in accounts production software We’ve worked hard to make our accounts production software as intuitive as possible, and building in these integrations means it’s designed to help you operate more efficiently and accurately. Whether you’re filing directly with HMRC or Companies House, leveraging built-in bookkeeping data, or managing tasks with practice management tools, these integrations help make things quick and simple.  See Capium’s accounts production software in action Ready to find out how Capium’s accounts production software integrations can transform your practice? Sign up for a free trial or book a demo today! 

The post Accounts production software: integrations appeared first on capium.

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Accounts production software: integrations

At Capium, we often emphasise two key principles: software is only as effective as its user, and truly great software integrates seamlessly with other tools and systems. These ideas are especially relevant to accounts production software, where the right integrations can be game-changing when it comes to saving you time and reducing errors.

In previous articles, we’ve discussed topics such as:

Today, we’ll dive deeper into integrations. Specifically, this blog explores the integrations offered by Capium’s accounts production software, how to use them, and how they benefit your accounting practice.

What integrations does Capium’s accounts production software offer?

Capium’s accounts production software comes with a range of powerful integrations that simplify the process of preparing statutory accounts and working with clients. These integrations are designed to save time, enhance accuracy, and ensure compliance with regulatory requirements. Below, we explore each integration in detail.

1. Integration with HMRC

One of the most important integrations of our accounts production software is its direct integration with HMRC. Our team designed this integration to allow you to seamlessly submit corporation tax returns without leaving the platform, while ensuring compliance with current regulations and simplifying the submission process overall.

How to use:

  1. Prepare the client’s accounts within Capium software
  2. Validate the information to ensure it aligns with HMRC’s requirements
  3. Submit the return directly to HMRC with a single click, receiving real-time status updates.

Benefits:

  • Save time by eliminating manual submissions
  • Reduce errors with built-in validation checks
  • Ensures compliance with HMRC regulations through regular software updates.

2. Integration with Companies House

Our integration with Companies House means you can submit statutory accounts directly, ensuring clients meet their filing obligations on time. This integration also makes it easy to find and retrieve company information, helping to streamline the accounts preparation process.

How to use:

  1. Finalise the statutory accounts in Capium’s software
  2. Use the Companies House submission feature to file the accounts directly
  3. Track the submission status within the platform.

Benefits:

  • Simplify the filing process by enabling direct submissions
  • Reduce the risk of late filings with built-in deadline reminders
  • Provide a centralised workflow for preparing and filing statutory accounts.

3. Bookkeeping integration

Capium’s accounts production software works hand-in-hand with our other modules. Its integration with our bookkeeping software, for example, allows it to feed data into your tax returns and reports, making data transfer as seamless as possible. This eliminates duplication and ensures consistency across your workflow.

How to use:

  1. Keep client’s bookkeeping up-to-date in Capium’s bookkeeping module
  2. When preparing statutory accounts, import financial data directly from the bookkeeping records
  3. Review and adjust the data as needed to finalise the accounts.

Benefits:

  • Save time by reusing existing financial data
  • Enhance accuracy by minimising manual data entry
  • Join up bookkeeping and accounts production tasks.

4. Practice management integration

As above, we’ve designed all our Capium modules to talk to each other without you having to get involved. One way this is especially useful is the integration with our practice management module, which allows you to manage tasks, track deadlines, and oversee workflows efficiently.

How to use:

  1. Assign accounts production tasks to team members using the practice management module
  2. Track the progress of each task, including key deadlines and milestones
  3. Use the module to communicate with team members and monitor overall performance.

Benefits:

  • Improve organisation and visibility across the accounts production process
  • Enhance collaboration among team members with task delegation and status tracking
  • Ensure timely completion of statutory accounts with automated reminders.

Why integration matters in accounts production software

We’ve worked hard to make our accounts production software as intuitive as possible, and building in these integrations means it’s designed to help you operate more efficiently and accurately. Whether you’re filing directly with HMRC or Companies House, leveraging built-in bookkeeping data, or managing tasks with practice management tools, these integrations help make things quick and simple. 

See Capium’s accounts production software in action

Ready to find out how Capium’s accounts production software integrations can transform your practice? Sign up for a free trial or book a demo today

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How much does accounts production software cost? https://www.capium.com/how-much-does-accounts-production-software-cost/ https://www.capium.com/how-much-does-accounts-production-software-cost/#respond Wed, 05 Mar 2025 10:34:37 +0000 https://capium.com/?p=16499 How much does accounts production software cost? As with any software investment, when it comes to accounts production software, understanding pricing is crucial to finding a solution that fits both your firm’s needs and budget. At Capium, we offer a range of flexible pricing options designed to cater to firms of all sizes, from small practices to larger enterprises, making it easier to find the right fit. But before we go into our own specific pricing, we’ll give you an overview of what you need to know about accounts production software pricing.  What factors affect the cost of accounts production software? While the base price is an important factor, it’s also essential to understand the elements that influence the cost of accounts production software. Here are the key considerations: 1. Features and functionality The range and depth of features will directly affect the price. Basic accounts production software may only offer core functionalities like statutory account creation, whereas more advanced solutions, such as Capium, include automated calculations, real-time updates, and customisable reporting tools. Evaluate your firm’s needs to determine which features are essential. 2. Integration capabilities Software that integrates seamlessly with your existing systems, such as bookkeeping or client management tools, can boost efficiency but may come at a higher cost. Capium’s accounting suite prioritises integration, allowing data to flow smoothly across platforms, as well as directly with Companies House, reducing manual input and saving time. 3. Scalability Your software should meet your firm’s current requirements, but it’s also important to consider future growth. As your client base expands, you’ll need a solution that can scale accordingly. Capium offers flexible pricing and modular features, ensuring you can increase capacity as you need, without worrying about overcommitting upfront. 4. Customer support and training Reliable customer support and training are crucial for smooth setup and continued use. Some providers charge extra for these services, but we make it free for all customers at Capium: including six-day-a-week support and comprehensive onboarding as part of your package, so that your team can get up to speed quickly. 5. Security and compliance With sensitive financial data at stake, strong security and compliance measures are vital. Advanced security features, such as encryption and GDPR compliance, may increase the cost but are essential for protecting client data and ensuring legal adherence. Capium’s software is designed to meet these rigorous standards. 6. Contract terms and additional fees It’s important to be aware of contract terms, including any setup, cancellation, or upgrade fees. Capium’s pricing structure is transparent, with no hidden charges, so you can budget with confidence. Capium’s accounts production software pricing Now that we’ve covered the features affecting pricing for accounts production software, here’s an explanation of the pricing structures you can expect with Capium. To make it as simple as possible, our pricing is straightforward and transparent, with packages tailored to accommodate different client capacities: Small accounting suite: £135 + VAT per month Supports up to 100 clients Includes unlimited user licences, storage, e-signatures, and SMS notifications Fully MTD and GDPR compliant Medium Accounting Suite: £270 + VAT per month Supports up to 300 clients Includes all features of the Small suite Large Accounting Suite: £405 + VAT per month Supports up to 500 clients Includes all features of the Medium suite Enterprise Accounting Suite: Custom pricing for up to 700+ clients Designed for large-scale practices with extensive client support. For firms that require specific functionality, we also offer modular pricing for accounts production: Small module (1–100 clients): £19 per month Medium module (101–300 clients): £37 per month Large module (301–500 clients): £58 per month Each package comes with free onboarding, six-day-a-week support, and unlimited user licences, ensuring your team has everything it needs to succeed. Making the right investment Accounts production software is an essential investment for modern accounting firms, and asking the right questions will help ensure you choose the best solution. You’ll find more guidance on how to pick the right accounts production software in our recent article. Consider how the software fits your immediate needs, how it scales for future growth, and whether it integrates with your current systems. Ready to see how Capium can transform your accounts production processes? Sign up for a free trial today and experience the benefits for yourself!

The post How much does accounts production software cost? appeared first on capium.

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How much does accounts production software cost?

As with any software investment, when it comes to accounts production software, understanding pricing is crucial to finding a solution that fits both your firm’s needs and budget. At Capium, we offer a range of flexible pricing options designed to cater to firms of all sizes, from small practices to larger enterprises, making it easier to find the right fit.

But before we go into our own specific pricing, we’ll give you an overview of what you need to know about accounts production software pricing. 

What factors affect the cost of accounts production software?

While the base price is an important factor, it’s also essential to understand the elements that influence the cost of accounts production software. Here are the key considerations:

1. Features and functionality

The range and depth of features will directly affect the price. Basic accounts production software may only offer core functionalities like statutory account creation, whereas more advanced solutions, such as Capium, include automated calculations, real-time updates, and customisable reporting tools. Evaluate your firm’s needs to determine which features are essential.

2. Integration capabilities

Software that integrates seamlessly with your existing systems, such as bookkeeping or client management tools, can boost efficiency but may come at a higher cost. Capium’s accounting suite prioritises integration, allowing data to flow smoothly across platforms, as well as directly with Companies House, reducing manual input and saving time.

3. Scalability

Your software should meet your firm’s current requirements, but it’s also important to consider future growth. As your client base expands, you’ll need a solution that can scale accordingly. Capium offers flexible pricing and modular features, ensuring you can increase capacity as you need, without worrying about overcommitting upfront.

4. Customer support and training

Reliable customer support and training are crucial for smooth setup and continued use. Some providers charge extra for these services, but we make it free for all customers at Capium: including six-day-a-week support and comprehensive onboarding as part of your package, so that your team can get up to speed quickly.

5. Security and compliance

With sensitive financial data at stake, strong security and compliance measures are vital. Advanced security features, such as encryption and GDPR compliance, may increase the cost but are essential for protecting client data and ensuring legal adherence. Capium’s software is designed to meet these rigorous standards.

6. Contract terms and additional fees

It’s important to be aware of contract terms, including any setup, cancellation, or upgrade fees. Capium’s pricing structure is transparent, with no hidden charges, so you can budget with confidence.

Capium’s accounts production software pricing

Now that we’ve covered the features affecting pricing for accounts production software, here’s an explanation of the pricing structures you can expect with Capium. To make it as simple as possible, our pricing is straightforward and transparent, with packages tailored to accommodate different client capacities:

  • Small accounting suite: £135 + VAT per month
    • Supports up to 100 clients
    • Includes unlimited user licences, storage, e-signatures, and SMS notifications
    • Fully MTD and GDPR compliant
  • Medium Accounting Suite: £270 + VAT per month
    Supports up to 300 clients

    • Includes all features of the Small suite
  • Large Accounting Suite: £405 + VAT per month
    • Supports up to 500 clients
    • Includes all features of the Medium suite
  • Enterprise Accounting Suite: Custom pricing for up to 700+ clients
    • Designed for large-scale practices with extensive client support.

For firms that require specific functionality, we also offer modular pricing for accounts production:

  • Small module (1–100 clients): £19 per month
  • Medium module (101–300 clients): £37 per month
  • Large module (301–500 clients): £58 per month

Each package comes with free onboarding, six-day-a-week support, and unlimited user licences, ensuring your team has everything it needs to succeed.

Making the right investment

Accounts production software is an essential investment for modern accounting firms, and asking the right questions will help ensure you choose the best solution. You’ll find more guidance on how to pick the right accounts production software in our recent article. Consider how the software fits your immediate needs, how it scales for future growth, and whether it integrates with your current systems.

Ready to see how Capium can transform your accounts production processes? Sign up for a free trial today and experience the benefits for yourself!

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How to pick the right accounts production software as an accountant https://www.capium.com/how-to-pick-the-right-accounts-production-software-as-an-accountant/ https://www.capium.com/how-to-pick-the-right-accounts-production-software-as-an-accountant/#respond Wed, 05 Mar 2025 10:29:56 +0000 https://capium.com/?p=16496 How to pick the right accounts production software as an accountant When it comes to selecting the right accounts production software, accountants are spoilt for choice. There are lots of solutions on the market, all promising to make managing and preparing statutory accounts more efficient and effective – so how are you supposed to know which tech to choose? Firstly, before getting deep into the options available, it’s worth understanding why accountants use accounts production software in the first place and what the benefits of it can be. Then, we’d advise having a look at what features you should expect good accounts production software to provide in order to help deliver those benefits to your firm.  Once you’ve done that, come back to this blog – where we’ll focus on the key considerations to help you choose the right cloud-based solution for you and your team. Find the right accounts production software There are several essential features that intentionally designed accounts production software should have built in (and if you’ve read our previous blog ‘Features of accounts production software’, you’ll be aware of what they are). In summary, your accounts production software should make it easier for you to prepare and manage statutory accounts. It does this by: Prioritising compliance – with GDPR, MTD, and financial reporting standards Integrating directly – both with your other accounting software and Companies House and HMRC Being accessible from anywhere – without compromising on the features you’d expect from traditional desktop software.  Beyond a core list of features and benefits, though, it’s important to focus on finding a solution that fits your firm’s specific needs and any challenges you consistently face. To help work out what you should prioritise when hunting for the right accounts production software, here are some key questions to ask.  Do I have a specific problem to solve? Every software investment should solve a specific problem for your firm, so you need to figure out what that looks like for you when it comes to accounts production.  Are you trying to streamline production of statutory accounts themselves, or do you need to improve your compliance processes? Perhaps you need to improve analysis, or tailor reports for clients more specifically? Whatever your biggest challenge is, identifying it will help focus your decision-making around software that’s designed to address things directly. Will this software integrate seamlessly with my tools? Integration is a critical consideration when selecting accounts production software. If your new solution doesn’t work well with your existing tools – like bookkeeping, tax software, or client management systems – it could create more issues than it resolves. Look for software, like Capium, that prioritises integration to ensure data flows smoothly across all platforms – including directly with Companies House – and eliminates unnecessary manual input. Is this software suitable for what I need right now? Not all accounts production software is built the same, and the most feature-rich option isn’t always the best fit. Think about what your firm needs today and distinguish between essential features and optional extras. Then, compare each solution to see which one best aligns with your immediate priorities. Can this software scale with my firm as we grow? Your top priority is probably meeting your firm’s immediate needs, but it’s equally important to consider how your chosen accounts production software will handle future growth. Will it accommodate a larger client base or support more complex accounts as your practice expands? Look for flexible solutions, like Capium’s, that offer scalable features and pricing models. What support and training is there on offer? Even the best software can fall short without strong customer support. Look for providers that offer thorough training, onboarding resources, and accessible support services (our customer service team are second to none!) The smoother the implementation process, the quicker your team can start benefiting from the software. Don’t forget to check user reviews to gauge the provider’s reputation for customer service. Ready to choose the perfect accounts production software for your firm? Asking these questions will help make sure you choose accounts production software that aligns with your needs now and in the future, integrates effortlessly with your existing tools, and provides excellent support.  Want to see Capium’s accounts production software in action? Sign up for a free trial and start experiencing the benefits firsthand.

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How to pick the right accounts production software as an accountant

When it comes to selecting the right accounts production software, accountants are spoilt for choice. There are lots of solutions on the market, all promising to make managing and preparing statutory accounts more efficient and effective – so how are you supposed to know which tech to choose?

Firstly, before getting deep into the options available, it’s worth understanding why accountants use accounts production software in the first place and what the benefits of it can be. Then, we’d advise having a look at what features you should expect good accounts production software to provide in order to help deliver those benefits to your firm. 

Once you’ve done that, come back to this blog – where we’ll focus on the key considerations to help you choose the right cloud-based solution for you and your team.

Find the right accounts production software

There are several essential features that intentionally designed accounts production software should have built in (and if you’ve read our previous blog ‘Features of accounts production software’, you’ll be aware of what they are). In summary, your accounts production software should make it easier for you to prepare and manage statutory accounts. It does this by:

  • Prioritising compliance – with GDPR, MTD, and financial reporting standards
  • Integrating directly – both with your other accounting software and Companies House and HMRC
  • Being accessible from anywhere – without compromising on the features you’d expect from traditional desktop software. 

Beyond a core list of features and benefits, though, it’s important to focus on finding a solution that fits your firm’s specific needs and any challenges you consistently face. To help work out what you should prioritise when hunting for the right accounts production software, here are some key questions to ask. 

Do I have a specific problem to solve?

Every software investment should solve a specific problem for your firm, so you need to figure out what that looks like for you when it comes to accounts production. 

Are you trying to streamline production of statutory accounts themselves, or do you need to improve your compliance processes? Perhaps you need to improve analysis, or tailor reports for clients more specifically? Whatever your biggest challenge is, identifying it will help focus your decision-making around software that’s designed to address things directly.

Will this software integrate seamlessly with my tools?

Integration is a critical consideration when selecting accounts production software. If your new solution doesn’t work well with your existing tools – like bookkeeping, tax software, or client management systems – it could create more issues than it resolves. Look for software, like Capium, that prioritises integration to ensure data flows smoothly across all platforms – including directly with Companies House – and eliminates unnecessary manual input.

Is this software suitable for what I need right now?

Not all accounts production software is built the same, and the most feature-rich option isn’t always the best fit. Think about what your firm needs today and distinguish between essential features and optional extras. Then, compare each solution to see which one best aligns with your immediate priorities.

Can this software scale with my firm as we grow?

Your top priority is probably meeting your firm’s immediate needs, but it’s equally important to consider how your chosen accounts production software will handle future growth. Will it accommodate a larger client base or support more complex accounts as your practice expands? Look for flexible solutions, like Capium’s, that offer scalable features and pricing models.

What support and training is there on offer?

Even the best software can fall short without strong customer support. Look for providers that offer thorough training, onboarding resources, and accessible support services (our customer service team are second to none!) The smoother the implementation process, the quicker your team can start benefiting from the software. Don’t forget to check user reviews to gauge the provider’s reputation for customer service.

Ready to choose the perfect accounts production software for your firm?

Asking these questions will help make sure you choose accounts production software that aligns with your needs now and in the future, integrates effortlessly with your existing tools, and provides excellent support. 

Want to see Capium’s accounts production software in action? Sign up for a free trial and start experiencing the benefits firsthand.

The post How to pick the right accounts production software as an accountant appeared first on capium.

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Why use accounts production software? https://www.capium.com/why-use-accounts-production-software/ https://www.capium.com/why-use-accounts-production-software/#respond Wed, 05 Mar 2025 10:12:14 +0000 https://capium.com/?p=16493 Why use accounts production software? Cloud-based accounts production software is revolutionising the way accountants prepare and manage statutory accounts, which makes sense, as it comes with numerous advantages over traditional desktop solutions.  But what is accounts production software and why should you use it?  Put simply, accounts production software should make it easy for you to prepare and file accounts with Companies House and HMRC, as well as keeping you compliant with all regulations. Here, we highlight three key benefits of adopting cloud accounts production software. Direct integrations A standout benefit of cloud accounts production software and one it makes sense to start with is its ability to integrate various accounting functions into a cohesive system, as well as integrating directly with Companies House.  And that’s a core focus of Capium’s accounts production software: because we’re a Companies-House recognised supplier, you can easily submit your clients’ final accounts and statements directly from the software, without any back and forth.  Our full suite also offers individual modules that are fully integrated with one another, eliminating the need for manual data entry and ensuring consistency across your firm’s records. This integration streamlines processes, simplifies repeatable workflows, and makes it easier to generate customised reports for each client. Complete compliance with regulations Another significant advantage of using cloud accounts production software is that you can rest assured you’ll always be fully compliant with regulations. At Capium, we’ve got a 20-strong tech team who are dedicated to continuously evolving our software, making sure it’s compliant with the latest legislation.  Currently, our accounts production software is: iXBRL compliant – our software comes with integrated iXBRL tagging and is fully recognised by Companies House GDPR compliant – we take data protection seriously, which is why any accounts, reports and documents you generate can be password-protected and sent securely MTD-compatible – as recognised by HMRC Compliant with FRS 102 and FRS 105 – we fully comply with the current financial reporting standards for micro and small businesses, too.  All the features you’d expect from desktop software – accessed anywhere Finally, being able to access your tools from anywhere, at any time, using any device with an internet connection, is a huge advantage to using cloud-based accounts production software. Especially as it comes with all the features you’d expect from desktop software, so there’s no compromise on capabilities, either.  Being on the cloud eliminates the need for physical servers or office-based systems, allowing you to work remotely or collaborate with clients in real time. Whether you’re uploading trial balances or creating new general ledger codes, cloud-based systems keep you agile. And, as your clients’ needs grow, the flexibility of cloud-based systems means you can scale your services accordingly, too, managing operations for various business structures, including limited liability partnerships. So, why use cloud accounts production software? Cloud accounts production software like Capium’s provides accountants with powerful tools to enhance productivity, accuracy, and security. By offering flexible access, integrating directly with Companies House, and keeping on top of compliance so you don’t have to, cloud accounts production software helps accountants deliver better services, while freeing up valuable time for higher-level tasks.  To experience Capium’s comprehensive accounts production software, sign up for a free trial.

The post Why use accounts production software? appeared first on capium.

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Why use accounts production software?

Cloud-based accounts production software is revolutionising the way accountants prepare and manage statutory accounts, which makes sense, as it comes with numerous advantages over traditional desktop solutions. 

But what is accounts production software and why should you use it? 

Put simply, accounts production software should make it easy for you to prepare and file accounts with Companies House and HMRC, as well as keeping you compliant with all regulations. Here, we highlight three key benefits of adopting cloud accounts production software.

Direct integrations

A standout benefit of cloud accounts production software and one it makes sense to start with is its ability to integrate various accounting functions into a cohesive system, as well as integrating directly with Companies House. 

And that’s a core focus of Capium’s accounts production software: because we’re a Companies-House recognised supplier, you can easily submit your clients’ final accounts and statements directly from the software, without any back and forth. 

Our full suite also offers individual modules that are fully integrated with one another, eliminating the need for manual data entry and ensuring consistency across your firm’s records. This integration streamlines processes, simplifies repeatable workflows, and makes it easier to generate customised reports for each client.

Complete compliance with regulations

Another significant advantage of using cloud accounts production software is that you can rest assured you’ll always be fully compliant with regulations. At Capium, we’ve got a 20-strong tech team who are dedicated to continuously evolving our software, making sure it’s compliant with the latest legislation. 

Currently, our accounts production software is:

  • iXBRL compliant – our software comes with integrated iXBRL tagging and is fully recognised by Companies House
  • GDPR compliant – we take data protection seriously, which is why any accounts, reports and documents you generate can be password-protected and sent securely
  • MTD-compatible – as recognised by HMRC
  • Compliant with FRS 102 and FRS 105 – we fully comply with the current financial reporting standards for micro and small businesses, too. 
All the features you’d expect from desktop software – accessed anywhere

Finally, being able to access your tools from anywhere, at any time, using any device with an internet connection, is a huge advantage to using cloud-based accounts production software. Especially as it comes with all the features you’d expect from desktop software, so there’s no compromise on capabilities, either. 

Being on the cloud eliminates the need for physical servers or office-based systems, allowing you to work remotely or collaborate with clients in real time. Whether you’re uploading trial balances or creating new general ledger codes, cloud-based systems keep you agile. And, as your clients’ needs grow, the flexibility of cloud-based systems means you can scale your services accordingly, too, managing operations for various business structures, including limited liability partnerships.

So, why use cloud accounts production software?

Cloud accounts production software like Capium’s provides accountants with powerful tools to enhance productivity, accuracy, and security. By offering flexible access, integrating directly with Companies House, and keeping on top of compliance so you don’t have to, cloud accounts production software helps accountants deliver better services, while freeing up valuable time for higher-level tasks. 

To experience Capium’s comprehensive accounts production software, sign up for a free trial.

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