• Culverhouse & Co

MAKING TAX DIGITAL: An Interview with John Murphy, Director of Powersure Limited

Updated: Jan 27

We interview our client John Murphy, Director of Powersure Limited, a family run business of electricians who we helped ‘go digital’ in line with the government's 'Making Tax Digital' (MTD) programme.

What advice would you give to another business owner regarding Making Tax Digital?

It really is not as daunting as I first thought. In fact I prefer it over the paper based system that we used before.

What benefits are you beginning to see?

It provides us with much more up-to-date information about how the business is performing, helping us run our business more effectively. For example, it’s simple to see at a glance any debtors and to keep track of purchases. And we have a digital record of everything.

How did Culverhouse & Co help you in the process?

Culverhouse & Co assisted us with everything we needed in order to get up and running for MTD. They used their knowledge of software products to help us choose a package that best suits our needs, and is compliant with the HMRC’s Making Tax Digital legislation.

They helped with setting up our new cloud-based system and they entered back-dated information in order to provide an accurate picture of the current position. They also designed all the templates that we need, such as sales invoice templates, so that all logos and information is included as we require.

Culverhouse & Co also trained us in how to use the software and Dave Knight and his team are always on the end of the phone to help out or answer our questions.

It gives me great peace of mind knowing that Culverhouse & Co are constantly able to overview our business performance in the background and because everything is now ‘in the cloud’, should there be a query, we can both log in to the software at the same time to get the solution.

Next Steps

You can find out more about Making Tax Digital at https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital

Alternatively contact us, and we can explain more about the process.

54 views0 comments

Recent Posts

See All
  • Google+ - White Circle
  • LinkedIn - White Circle
  • Facebook - White Circle
  • Twitter - White Circle

Culverhouse & Co. is the trading name of Culverhouse & Co Ltd and Culverhouse Financial Planning Ltd.


Culverhouse & Co Ltd Company No: 6426365

Culverhouse Financial Planning Ltd Company No: 08470047

Registered Offices: 7 High Street, Farnborough Village, Kent, BR6 7BQ

Email: info@culverhouse-accountants.co.uk

VAT Number GB166078392


Culverhouse & Co Ltd is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference number C001690279.

Culverhouse Financial Planning Ltd is Authorised and Regulated by the Financial Conduct Authority for Financial Services. FCA Registration Number: 600931

The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk.

The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.

Content within this website does not represents financial advice. If you would like personalised financial advice please contact a financial adviser. 
Taxation is based on current legislation which is subject to change and will also depend on the individual circumstances of each investor. The value of your investments can fall as well as rise and investors may not get back the full amount they initially invested.  Past performance is not a guide to future performance. 

© 2018 by Culverhouse & Co