Making Tax Digital – How the Kinderly Accounts Bundle helps you

HRMC’s introduction of Making Tax Digital is certainly creating a lot of buzz in our communities. Some practitioners are worried, some feel the new Gov system is confusing, and some are just setting the wheels in motion to be ready. It’s a big change, for sure!

Here at Kinderly, we are driven to find ways to make your lives a bit easier. We understand change can feel scary, annoying, and sometimes a hassle. But it doesn’t have to be that way – help is on hand. Here’s a quick and clear look at how the Kinderly Accounts Bundle, created with accountancy experts Nomi can benefit your early years practice:

It solves Making Tax Digital (MTD)

Making Tax Digital compliant – Never worry about complex HMRC requirements again. Nomi’s software is fully recognised by HMRC and compliant with MTD rules.
Direct HMRC submissions: Say goodbye to manual workarounds and third-party tools. Submit your self-assessments, and MTD returns directly to HMRC from one unified platform.
Simplified self-assessments: No more panic when tax season rolls around. Our solution automates much of the self-assessment process, making it faster and more accurate.

It frees up your time

Streamlined bookkeeping: Ditch the endless spreadsheets and shoe boxes full of receipts (we’ve all been there!). Take a photo of a receipt with the Nomi app, log expenses, track income, and manage your invoices with ease.
Unified accounting: All your accounting tasks – from easily creating or duplicating invoices and streamlining regular parent payments (including Tax Free childcare payments), to quick upload, organise and attach receipts using the Nomi mobile app.
Focus on what Matters: By automating your accounting, you can free up valuable time to focus on the children in your care.

It gives you financial clarity AND saves you money

Real-Time Financial Insights: Gain a clearer understanding of your setting’s financial health with real-time reporting and easy-to-understand dashboards.
The platform integrates your bank feeds and payments, including tax free childcare payments
Exclusive Discounted Rate: Get access to Nomi’s powerful, professional-grade accounting software at a special discounted rate, exclusive to Kinderly and Coram Pacey users.
You can expense it – yes, you’ve heard that right. The cost of the software can be added as a business expense as it is fully tax-deductible! (woop woop!)

It gives you peace of mind

You can absolutely choose to comply with HMRC’s MTD with a free software but you will lack actual, proper human support if you run into any isssues. When you purchase our Accounts Bundle, you’ll have both the Kinderly and Nomi Support Teams to help you. Both highly-rated, human (no bots!) supporting you every step of the way.
The software will also help you reduce human error: Automation is your best friend when it comes to accuracy. Reduce the risk of human error in your calculations and submissions.
Secure Data and GDPR compliant: Your financial data is protected with enterprise-level security, giving you peace of mind that your sensitive information is safe.

Questions?
Read our Accounts Bundle FAQs or chat to us via the online chat on our website – we’d love to help – or join our upcoming webinar on the subject:

Zara Smith & Rob Campbell – Preparing for Making Tax Digital