Our On Top of Tax series is designed to help senior finance professionals keep up to date with the latest changes in UK business tax.
We would like to invite you to our next Thames Valley On Top of Tax breakfast seminar which will be held on Thursday 29 November at the Holiday Inn, High Wycombe.
Topics will include:
Making Tax Digital for VAT
The new Making Tax Digital for VAT (MTDfV) regime, will start to come into force on 1 April 2019. It will introduce new digital filing and record keeping requirements for VAT and will be compulsory for all entities that are VAT registered in the UK and have an annual taxable turnover exceeding £85,000. MTDfV will require registered businesses to keep ‘digital records’ and file their VAT returns via ‘functional compatible software’.
During this seminar we will look at the changes that will be introduced and the actions you need to take to make sure you are ready for their introduction. We will also look at the bigger picture of how this is anticipated to be the first step in a long-term goal of requiring ‘real time filing’ of individual transactions with HMRC.
An overview of the Budget
Ahead of our seminar the Chancellor will be stepping up to the despatch box to deliver this year's Budget which will be the first time for a number of years that this has been done in the Autumn. We will give our analysis of the tax changes announced by the Chancellor including the impact on businesses and what they should be doing. Against the backdrop of Brexit negotiations predicting changes is more difficult than normal but in light of recent consultations there could be announcements around off payroll labour, as well as measure to support additional spending on the NHS.
Preparing for Brexit
With the 29 March date for the UK leaving the EU fast approaching, the pace of negotiation has been stepping up. We will take a look at the latest developments, what the post Brexit landscape is likely to look like and discuss what businesses can be doing to prepare themselves for the coming changes
General update on recent tax changes
Tax is always changing, and therefore we will provide an update of any other current changes in UK business tax.
Please register below to join us at this event or contact us with any tax enquiries you may have.