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Updates from the Clayton & Brewill team.
Making Tax Digital Explained – free events
Nottingham chartered accountants Clayton & Brewill, is running a series of free events to explain Making Tax Digital and what businesses need to do to be prepared.
Making Tax Digital is HMRC’s plan to digitalise the UK tax system. It will require businesses to maintain digital accounting records and they will need to report to HMRC on a quarterly basis.
If your business has an annual taxable turnover of more than £85,000, from 1 April 2019 you will be required to maintain digital records for VAT purposes and report to HMRC on a quarterly basis. There are further plans to roll out digital reporting to those businesses under the VAT threshold from April 2020.
At our events, we will explain more about Making Tax Digital and how it will impact you and your business. We will also provide guidance on what you need to do to ensure you’re prepared for the new HMRC requirements.
We would recommend that all businesses attend on of our events, even if your business is under the £85,000 threshold. The sooner you take steps to make your records compliant, the less impact the forthcoming changes will have on your business.
We will be running the following events:
Tuesday 27th November
11 Salisbury Street, Long Eaton, Notts NG10 1BA
4.00pm – registration
4.30pm – presentations
5.30pm – questions, refreshments and nibbles
6.00pm – close
Wednesday 28th November – AM
BioCity, Pennyfoot Street, Nottingham NG1 1GF
8.30am – registration, refreshments and breakfast rolls
9.00am – presentations
10.00am – questions and refreshments
10.30am close
Wednesday 28th November – PM
County Chambers, Kings Road, Melton LE13 1QF
4.00pm – registration
4.30pm – presentations
5.30pm – questions, refreshments and nibbles
6.00pm – close
We are expecting demand to be high, so early booking is recommended.
To book your place, contact Michele Skelton, with your preferred location, at michele@www.claytonandbrewill.com or call 0115 950 3044. Please RSVP by 16th November.
If you are unable to attend one of our events, but would like some guidance on Making Tax Digital, we would be happy to arrange a meeting or a call to discuss further. Please email Michele Skelton at michele@www.claytonandbrewill.com or call 0115 950 3044 to arrange a convenient time.