Making Tax Digital for Income Tax will require self-employed individuals and landlords to keep digital records and send simple quarterly updates to HMRC. Hear from Sam Wood – HMRC Making Tax Digital Agent Engagement Lead – on future developments on MTD.
These changes will help to:
reduce the chance of customers making errors, supporting business productivity.
ensure customers have up to date, accurate information to help with business planning.
move customers’ tax records onto one new system supporting wider improvements now, and in the future, so HMRC can deliver a better customer experience; and
make sure customers pay the right amount of tax, so that more money can go to funding public services, like the NHS, and supporting growth across the UK.
Join this session to talk all things MTD and help you understand how you can get ready and help your clients get ready for the change.
