Why Magic Tax?
Magic Tax has been designed and developed by KFA Connect as a solution to the HMRC’s new ‘Making Tax Digital’ (MTD) legislation and to raise money for our chosen charity, Marie Curie – who care and support families through terminal illness.
Why? Because we just wanted to do something good!
Who will Magic Tax benefit?
| TYPE of business | Why? | Because… |
|---|---|---|
| Small Businesses & contractors | Who might not want to sign up for an accountancy solution | Because they attract a monthly subscription and often have hidden charges. |
| bookkeepers | Who wish like to manage their customer’s VAT returns on one solution. | It prevents bookkeepers from losing their customers to an accountant. |
| Accountants | Looking after businesses quarterly returns. | Can carry on doing so on one solution. Viewing all their clients on one solution dashboard |
| Large businesses | Using Legacy Systems | Because development on legacy systems can be time consuming and expensive. Use Magic Tax as an interim solution to comply, or as a long term solution – giving you time to plan. |
“We wanted to provide businesses with a solution for the new HMRC Making Tax Digital legislation which comes into effect in April 2019.
However, we knew that we would be one of many companies doing the same – trying to make money from small and large businesses”. The difference is, that we will not make a penny from Magic Tax as 100% of all donations will go to Marie Curie – to help individuals and families affected by terminal illness.
Richard Austin – New Business Director, KFA Connect (Developers of Magic Tax)
