Making Tax Digital

Watch this webinar to understand why the government is introducing Making Tax Digital (MTD) and what it means now that business owners have a legal duty to use the system.

HMRC's Gary Craig explains the key obligations (such as maintaining digital records and submitting quarterly updates) and outlines how the changes to the system mean you can do your taxes more accurately and quickly.

He also takes you through the core rules, who they affect and what individuals and businesses need to do to stay within the law.

Topics covered in this session

• A clear understanding of what the law says about MTD. You'll gain a clear grasp of your obligations under MTD, including keeping digital records and submitting quarterly updates.

• Who is affected and when. You'll find out when the MTD rules start to apply to you, what action you must take, and the practical steps needed to keep to the key rules and deadlines.

• How to adopt digital processes smoothly. You'll get straightforward guidance on using compatible digital tools, integrating them into your routine and making the move to digital record-keeping as easily as possible.

About the speaker

Since 2004, Gary Craig has been a civil servant across various sectors, including Self Assessment, VAT, Corporation Tax, Brexit and Cabinet Office, and currently Making Tax Digital (MTD).

His current responsibilities include overseeing the MTD Change Readiness function, managing stakeholder engagement and planning and delivering comprehensive MTD education.

He and his team proactively reach out to stakeholders to make sure they have all the necessary information and support to prepare for and implement the MTD changes.

Read more

• Get ready for the new tax year

• HMRC and tax obligations: the London business starter's guide

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