HMRC has put together a great set of short webinars and videos to help with Making Tax Digital for Income Tax and VAT if you are an agent or business.
How Making Tax Digital for VAT
Watch a YouTube video on how it affects your business: https://www.youtube.com/watch?v=HSHbDjWZl3w&feature=emb_title
Getting ready for Making Tax Digital
Register for the next live webinar about Making Tax Digital at: https://register.gotowebinar.com/rt/1488469760326025729?source=Gov
This webinar will help your business get ready for Making Tax Digital, and will cover:
- The fundamentals of Making Tax Digital for digital record keeping.
- Compatible software.
- Signing up for Making Tax Digital and submitting VAT returns.
Getting compatible accounting software
Watch a YouTube video about getting compatible accounting software: https://www.youtube.com/watch?v=EVC_UuErOB0&feature=emb_title
Find compatible accounting software for:
VAT - https://www.gov.uk/guidance/find-software-thats-compatible-with-making-tax-digital-for-vat
Income Tax - https://www.gov.uk/guidance/find-software-thats-compatible-with-making-tax-digital-for-income-tax
Keeping VAT records digitally
Watch a YouTube video about keeping digital VAT records: https://www.youtube.com/watch?v=BbH8e5dEBt8&feature=emb_title
Catch up with the latest available webinar about Making Tax Digital for agents to find out what you need to do to help your clients prepare at https://register.gotowebinar.com/recording/7760096172351923971
Agent Services and Making Tax Digital
Catch up with the latest available webinar about agent services and Making Tax Digital to find out:
- About Basics of Making Tax Digital.
- How to create an agent services account and sign up for Making Tax Digital.
- How to sign up your clients.
- About Making Tax Digital for VAT.
- How to use software to send Income Tax updates for your clients.
Register at: https://register.gotowebinar.com/recording/2951435946067984131
Sign up for Making Tax Digital for VAT
Watch a YouTube video about how to sign up for Making Tax Digital for VAT: https://www.youtube.com/watch?v=OyWJz0fSDE4&feature=emb_title
You can also find out how to sign up for Making Tax Digital for VAT here: https://www.gov.uk/guidance/sign-up-for-making-tax-digital-for-vat
Making Tax Digital for Income Tax Self Assessment
Register for the next live webinar about Making Tax Digital for Income Tax Self-Assessment here: https://register.gotowebinar.com/rt/5798060572582050830?source=Gov
The webinar provides an overview and up-to-date information about the Making Tax Digital for Income Tax Self Assessment pilot, including:
- What Making Tax Digital is.
- What’s changing.
- How to sign up for the pilot.
Watch a YouTube video for agents about top tips for Making Tax Digital for Income Tax Self Assessment – top tips for agents: https://www.youtube.com/watch?v=wxAAP1m29uc&feature=emb_title
