The shift to quarterly reporting under Making Tax Digital for Income Tax is not just a compliance change. For UK SMEs still running on manual data entry, batch reconciliation, and year-end catch-up processes, it is exposing finance infrastructure that was never built for continuous operations.
Finexer has been featured in IT Brief UK, with Ravi Ranjan discussing why quarterly deadlines are making legacy finance processes harder to sustain – and why platforms that delay the transition to real-time financial data will face increasing pressure against those that have already moved.
Read the full article: Finexer Says Tax Digital Shift Exposes SME Finance Gaps – IT Brief UK
About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.