Why Cloud Accounting (Xero & MTD) Is the Future of Small Business Finance

Why Cloud Accounting (Xero & MTD) Is the Future of Small Business Finance

The days of spreadsheets and shoeboxes full of receipts are over.

With Making Tax Digital (MTD) expanding in 2026, businesses are being encouraged — and soon required — to keep digital records and send electronic submissions.

At Jackson Lee Accountants, we’re proud to be certified Xero partners, helping small businesses in Bury stay ahead of the changes and enjoy the benefits of cloud accounting.

What Is Cloud Accounting?

Cloud accounting uses secure online software like Xero to manage your finances anywhere, anytime.

Your data lives safely in the cloud so both you and your accountant always see the same, up-to-date information.

You can:

• Track cash flow in real time

• Send invoices and record payments

• Upload receipts with your phone

• Submit VAT returns straight to HMRC

What Is Making Tax Digital (MTD)?

MTD is HMRC’s plan to digitise tax administration.

• VAT-registered businesses already file digitally.

• Self-employed individuals and landlords join from April 2026.

You’ll need MTD-compatible software like Xero to keep digital records and file returns automatically.

Why Move Now?

Early adoption means:

• Less stress: Get used to the system before it’s mandatory.

• Time saved: Automated processes cut manual data entry.

• Accuracy: Fewer errors = fewer HMRC headaches.

• Insight: Real-time data helps you make better decisions.

How Jackson Lee Accountants Can Help

We provide:

• Xero setup and training (starter to advanced licences)

• Full MTD compliance support

• Ongoing bookkeeping and VAT services

• Quarterly reporting and review calls

Our aim — to make your accounting simpler, faster, and stress-free.

Get Ready for the Future of Tax

Don’t wait until 2026. Get ahead now with our cloud accounting packages.

👉 Book your free digital accounting consultation and see how Xero can transform your business finances.