Government call for evidence on business systems integration

The government has launched a call for evidence regarding how businesses maintain records and integrate digital systems, such as sales software and business bank accounts, with their accounting records. The focus is on the current landscape of internal business systems rather than data sharing with HMRC. This initiative aims to identify practical improvements for connectivity between different software products used by businesses.

What it means for a practice

• The findings may influence the future development of accounting software products used by your clients.
• You can provide feedback on the challenges your clients face when connecting their various business systems.
• The government has confirmed that this process is not intended to introduce new mandatory requirements for businesses to integrate their internal systems.