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28 September 2018

SEMINAR – MAKING TAX DIGITAL: IS YOUR BUSINESS READY?

With Making Tax Digital for VAT arriving in April 2019, we are holding a free seminar exploring the forthcoming changes and how your business will be affected.

 Making Tax Digital (MTD) will see all businesses eventually submitting all of their tax and VAT information to HM Revenue & Customs quarterly using MTD-compliant software.  While the start date for the quarterly Income and Corporation Tax reporting is yet to be confirmed, MTD for VAT will kick off in April 2019 for all VAT registered businesses with an annual turnover above the VAT threshold (currently £85,000 per annum).  The changes for VAT will mean that submitting VAT returns using HMRC’s website will no longer be possible; all affected businesses will need to submit their VAT returns from MTD-compliant bookkeeping software, such as Xero.  To ensure you are prepared for the changes, we are holding a short free seminar next month on two separate dates, at Xero’s Milton Keynes HQ:

Tueday 16 October 2018
 9am for coffee
 Seminar starts 9.30amTuesday 30 October 2018
 4pm for coffee
 seminar starts 4.30pmWhere:
 Xero HQ
 Bank House
 171 Midsummer Boulevard
 Milton Keynes
 MK9 1EB
 (Pay and display parking is available nearby)  Places are limited, so if you’d like to come along, please contact Esme as soon as possible to reserve your place. We look forward to seeing you there.  For more information on MTD or Xero, please contact Alex Beattie

 

Key Facts

1.Making Tax Digital (MTD) will see all businesses submitting tax/VAT info quarterly
2.MTD for VAT arrives first in April 2019 for all VAT registered businesses with turnover >£85k pa
3.Submitting VAT returns using HMRC’s website will no longer be possible for affected businesses
4.Dates for the introduction of MTD for Income and Corporation Tax are not yet confirmed
5.KRW are holding a free seminar to help you ensure your business is MTD-ready

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Contact KRW

KRW Accountants
The Mill, Pury Hill Business Park
Alderton Road, Towcester
Northants, NN12 7LS

emailmail@krwaccountants.co.uk

phone01327 810373

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