Your new tax year! Plus: MTD flat-rate scheme

With a new tax year just arrived, it's a good time to take a look at your business accounts. And: are you on the flat-rate scheme & use MTD? Read on. New UK tax year & your business April has arrived and with it a new tax year has begun. This year, it carries a bit more weight, with some businesses also signing up for Making Tax Digital to use online accounting software to submit VAT returns. But it also means that measures announced with the Autumn Budget come into effect, as well as closing a tax year and opening the next. For small businesses, freelancers & sole traders, we take a look at some of the main things to consider ahead in the new tax year in our article: '[New UK tax year: what 2019-2020 means for freelancers and small businesses](. From personal allowance thresholds to capital gains tax and minimum wage, here's what has changed and what to keep an eye on moving forward in the new tax year. [Read more]( Flat-rate scheme & Making Tax Digital Does your business submit VAT returns to HMRC under the flat-rate scheme? Are you signed up for [Making Tax Digital]( If the answer is yes (to both or either), then we also have some answers for you. Debitoor is currently working on adding the flat-rate scheme as an option in VAT calculations, in addition to the currently available cash & accrual accounting, allowing flat-rate scheme businesses to also use the MTD connection in Debitoor to submit VAT returns directly to HMRC. But we want to hear from you - if your business uses the flat-rate scheme, [get in touch](mailto:team@debitoor.com?subject=Flat-rate%20scheme%20%26%20MTD) and let us know how you work and you can contribute to creating a solution that works best for your business. Easter holiday support hours Over the Easter holiday (April 18-22), our customer support will be closed. This doesn't mean that we don't want to hear from you! If any questions arise, you can still get in touch and we'll get back to you as soon as we're back in the office on the 23rd. And as usual, don't hesitate to reach out to us with any questions. Cheers - Your team at Debitoor Debitoor - Ewaldsgade 3 - Copenhagen - Denmark You are receiving this email because you have signed up for Debitoor - the #1 invoice and accounting software for small businesses and freelancers. Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.