Making Tax Digital (MTD) is the biggest change to tax administration in 20 years and has been designed to ensure the UK’s tax system is effective, efficient and easy to use.
The first to feel the impact of MTD will be all VAT registered businesses with a turnover above £85,000. From 1 April 2019, these businesses will have to keep digital records and submit their VAT returns quarterly through software compatible with HMRC.
How we can help
On 23 August, our tax experts will be hosting a live webinar where they will discuss the updates to the MTD requirements and the impact these could have on you and your business.
We will also cover
- What is Making Tax Digital?
- Where are we now?
- What constitutes a digital record?
- Software requirements and how to submit
- What are the changes?
- Next steps to be MTD for VAT ready
If you would like to learn more about MTD, sign up for our webinar session here.
Date – Thursday 23rd August
Time – 9:30am
Duration – 1 hour