Making Tax Digital - Next Steps

This course will update delegates on the latest position and discuss actions now needed to get your firm and its self-assessment clients ready for the new regime. MTD for corporation tax is also expected from 2026 at the earliest and we shall cover any recent developments.

The course will cover:

• Impact on all businesses from sole traders through to property businesses
• Exemptions and optional aspects
• Digitalisation of business records – mandatory versus best practice
• Transition to Tax Year Basis
• Software developments
• Practice management issues
• Penalties and soft-landing periods
• Latest legislation, Regulations, consultations and HMRC Guidance
• Practical points and examples

The content for 2021 may vary.