Finance Solutions

The IMS specialists have assisted clients in implementing a wide range of finance solutions to help improve business productivity whilst meeting legal financial obligations.

Making Tax Digital

IMS are a HMRC recognised MTD provider & can also be authorised to submit tax returns on your behalf. Both our Standard and Pro versions can be used for individual businesses as well as those that are part of a larger group of companies. Our Pro version encompasses additional features that incorporate upcoming HMRC MTD enhancements.

Postponed VAT Accounting

for those importing from the EU post-Brexit, PVA is a useful tool to help spread out the cost of import VAT by including it in existing periodic VAT returns. The IMS solution can help automate this process on the IBM i for maximum efficiency.

Plastic Packaging Tax

This new tax, implemented in April 2022, makes businesses that manufacture or import packaging, liable to pay a tax on non-recycled plastic components. Even if not liable to pay the tax, your business may still need to register and must keep adequate records to prove your packaging is exempt from the tax. For more information watch our PPT video