This two-hour workshop will help sole traders and small business owners understand what Making Tax Digital for Income Tax means for them and how to prepare for the changes.
Participants will learn who is affected, when the new requirements apply and what qualifying income means for determining when they need to start using the system.
The session will also cover digital record keeping, compatible accounting software, quarterly updates to HMRC and the steps businesses should take now to make sure their financial records and systems are ready.
Participants will leave with a clearer understanding of their responsibilities and the actions needed to prepare for Making Tax Digital with confidence.
