From April 2027, sole traders with turnover over £30,000 will need to meet new Making Tax Digital requirements from HMRC, including keeping digital records and sending quarterly submissions in addition to their annual tax return. For many business owners this feels like yet another compliance burden landing on an already full plate, especially if they are still relying on spreadsheets, paper receipts or manual bookkeeping.
This session will cut through the jargon and explain exactly what is changing, when it applies and what affected business owners need to do to be ready.
But this workshop is about more than just ticking a MTD compliance box.
Attendees will discover how the cloud accounting tools like Xero and FreeAgent they need to meet their Making Tax Digital obligations can also transform the way they manage their business, with streamlined invoicing that gets them paid faster, clear visibility of their cashflow, far less time spent on manual admin and reporting that actually helps them make better decisions.
By the end of the session, they will have the knowledge and confidence to not only tackle Making Tax Digital but also how getting ahead of it can free up time, reduce the stress of business admin and build the confidence that comes from truly knowing their numbers.
