Preparing for Making Tax Digital may seem daunting but it doesn’t need to be. We will work with you to find the solution that is right for you and your business whether that’s supporting you to continue to be self managed, provide your business with a full book keeping service or find a combination somewhere in between.
Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the process of administrating tax simpler and more efficient.
Will it affect me?
If you are a business owner or self-employed and pay any of the following:
- income tax
- national insurance
- corporation tax
then it is quite likely you will be affected.
When is it all happening?
MTD starts in April 2019 with businesses above the VAT threshold limit (currently £85,000).
Those affected will be required to keep digital records for VAT purposes. By 2020 it is most likely all other
businesses will have to comply.
How can CavanaghKelly help?
There are a number of ways that our team can work with you and your business to help you get ready for MTD. The options have been set out in more detail below.
We will be holding seminars to set out in detail the options CavanaghKelly can offer to support you and your business and address any ongoing questions or concerns you may have regarding Making Tax Digital and what it means for you and your business.
The seminars are free to attend.
To register your interest for a particular seminar, please send your name, contact number and your preferred event to: firstname.lastname@example.org
|Tuesday 12 March||Silverbirch Hotel, Omagh||7.30pm||8.00pm|
|Wednesday 13 March||Glenavon Hotel, Cookstown||8.30am||9.00am|
|Tuesday 19 March||Killyhevlin Hotel, Enniskillen||7.30pm||8.00pm|
|Wednesday 20 March||Tullyglass Hotel, Ballymena||7.30pm||8.00pm|
Preparing for Making Tax Digital
Which solution is right for your business?
Whilst every effort has been made by CavanaghKelly to ensure the accuracy of the information here, it cannot be guaranteed and neither CavanaghKelly nor any related entity shall have liability to any person who relies on the information herein. Information given here is for guidance only. Detailed professional advice should be taken before acting on any information contained herein. If having read the guidance here, you would like to discuss further; a member of our team would be pleased to help you.