But does your business know how it could lead to a step-change in processes when you actively adopt the necessary cloud accounting software?
Biztech technology forum has teamed up with market leaders Xero and Keens Shay Keens to host an expert seminar. The MTD seminar will examine the changes with an expert eye on what it means for businesses, the systems that can be put in place.
With an emphasis on cloud accounting software, the seminar will also see how it can help streamline business processes, now that paper records will not be sufficient for the task.
Businesses that have a turnover in excess of the VAT threshold (currently £85,000) or if they currently use the HMRC portal, attendance is a must.
The Biztech Making Tax Digital event takes place on April 25 at the Milton Keynes offices of Xero, at Bank House, in Midsummer Boulevard. The speakers will be Rishi Ruparelia , partner success manager at Xero, and Liz Newell, partner at charterfed accountants Keens Shay Keens.
Attendees will find answers to the key questions:
- What is MTD?
- What SMEs need to do and by when?
- What kind of software will I need to be compliant?
- What the benefits of MTD will be
- How it can be implemented.
Tickets are £18 + VAT for Biztech members, £22 + VAT for non-members. To book, visit www.biztech.org.uk
