OneSixth Information

OneSixth is VAT-compliance software for UK accounting firms handling the schemes mainstream bookkeeping tools don't cover: the second-hand margin schemes - motor trade, antiques and general goods, global accounting, and the equestrian (horses & ponies) scheme, plus the Tour Operators' Margin Scheme (TOMS) and Partial Exemption under HMRC's standard method. It calculates the figures - margin computations, TOMS provisional periods, deferrals and year-end adjustments, and PE quarterly provisional recovery with the annual adjustment and posts correct journals straight into Xero, QuickBooks, Sage and FreeAgent, routed to the right place on the MTD return. No spreadsheets, no scheme logic living in one person's head, no manual Box adjustments at filing. Built by an accountant for accountants. If your firm carries clients on any of these schemes, OneSixth turns a fiddly, error-prone quarterly job into a checked, repeatable process.