Making Tax Digital – MHA Moore and Smalley Video Series

Making Tax Digital for VAT

Our first video in our Making Tax Digital series Victoria Dadswell, Tax Director, discusses making tax digital for VAT.

The government has made a target to fully digitalise the tax system, eventually in time income tax returns and corporation tax returns will be abolished. However, the first to be fully digitalised is the VAT returns.

Victoria discusses the elements regarding VAT being brought into the MTD regime from April 2019 such as;

1. The filing of VAT returns.
2. Maintaining your records.
3. Non-standard returns

In this video Victoria provides examples of when you will be brought into the MTD regime if you are VAT registered and how MHA Moore and Smalley can help you.

Digital Solutions and Making Tax Digital

In our second video in our Making Tax Digital series Judith Dugdale, Corporate Services Director, discusses digital solutions.

At MHA Moore and Smalley our digital solutions effectively look at your accounting systems that you already have in place and then look at different options whether that be desktop solutions or cloud solutions.

In this video Judith discusses the digital solutions that are making tax digital compliant

1. QuickBooks

2. Sage Line 50C

3. SE+

Judith also touches on the training and costs of each software when you are a client of MHA Moore and Smalley.

Making Tax Digital for Income Tax

In our third and final video in our Making Tax Digital series Victoria Dadswell, Tax Director, discusses what making tax digital means for income tax.

Income tax returns and corporation tax returns will eventually be abolished and will be replaced with making tax digital. There will be no change in the payment dates for income tax or corporation tax.

In this video Victoria discusses what making tax digital means for unincorporated business, landlords and the tax payer. Victoria also discusses the positives that come along with making tax digital for income tax.