Understand what Making Tax Digital means for self-employed people and landlords, and whether the changes could affect you.
This event is only available and is free for small businesses, sole traders and residents based in Bath & North East Somerset and South Gloucestershire.
Have you realised you need to register for MTD, but don’t know what to do?
Do you feel so daunted by MTD, that you are now wondering whether you should incorporate or even quit your business altogether?
Are you a startup or small business and anticipate that you will have to comply with MTD in future?
This session covers key changes relating to MTD, who will be affected, when and how. You will gain understanding of what to do if you are already over the MTD registration threshold, and how to prepare if you think you will be affected in future.
Many people who are self employed genuinely struggle with paperwork, computing and administration, so we will also discuss what to do if you are feeling overwhelmed by the changes.
What will I learn?
• Understanding the changes: What the MTD scheme is
• Who it affects: Who must comply, and who could gain exemption
• Learn how to comply: What needs doing, by when
• Preparing your business: If affected, what practicalities to put in place
Who should attend?
This event is only available and is free for small businesses, sole traders and residents based in Bath & North East Somerset and South Gloucestershire.
It suits sole traders or unincorporated landlords, whose total sales either are, or are forecast to be, £20k or more per year, within the next three years. MTD is not relevant to those running partnerships or Ltd companies, or sole traders whose turnover is anticipated to be less than £20k per year.
Please note:
This session focusses purely on the new quarterly reporting regime for MTD. If you wish to additionally learn how income tax and national insurance for the self employed is assessed, and what expenses you can offset against sales for tax purposes, we recommend also booking onto
“Preparing for Self Assessment-Guidance for Sole Traders”.
This is a group business education class about how to manage your business reporting for tax purposes, to either assist you to be able to do your own tax reporting or else understand what your accountant needs to do for you. You will not receive individual tax advice; Cool Ventures also does not offer accountancy services.
A bit about your presenter:
This webinar will be run by our business start-up expert Emma Smith who runs a number of businesses and has been advising individuals on how to start and run a successful business and obtain funding for nearly two decades.
Essential information:
Your booking for this webinar is provisional until you have enrolled for the free Business Support Service. Enrolment is via a short online form – if you are not enrolled already, a link will be emailed directly to you.
If you are unable to attend this event, we require at least 2 working days notice for cancellations to enable us to offer your place to someone else. We reserve the right to cancel your place if you are not eligible for this service.
All participants of the service are eligible to receive up to 12 hours of free support. This equates to a maximum of 4 events per participant.
Cool Ventures Ltd is accountable for protecting your personal data. Please access our latest company Privacy Notice here.
