Wednesday 17 October 2018
Millenium Barn, Lodge Farm, Sandy Lane
Chicksands, Beds, SG17 5QB
The primary aim of Making Tax Digital is to make tax administration more effective, efficient, and easier for taxpayers through the implementation of a fully digitalised tax system by 2020, whilst also reducing HMRC’s overheads for managing tax affairs. The new system will require the majority of business owners to maintain digital records using compatible software.
Making Tax Digital (MTD) for VAT reporting starts from April 2019 and introduces significant new rules for how the majority of companies will submit their returns. MTD for VAT focuses on three key requirements;
- Digital record keeping – storing all transactions in electronic form
- Digital links – have a digital link between final numbers and source data
- Digital submissions – all submissions must be made using appropriate software via HMRC’s new gateway
8.30 am – Registration
9.00 to 9.15 am – North Herts Farmers, James Williams
9.15 to 9.30 am – IAgSA, Sally Lemonius
9.30 to 10.15 am – Farmplan, Simon Eagle
10.15 to 10.30 am – Coffee Break
10.30 to 11.15 am – Land Family Business, Gary Markham
11.15 am to 12 noon – Landmark, Annabel James
12 to 12.30 pm – Any questions
12.30 – Lunch & networking
Bookings to iagsa.west.anglia@gmail.com