Making tax digital

Presented by

Josh Reardon, NHS Shared Business Services & Claire Williams, HMRC

About this talk

As of 1 April 2019 the majority of VAT registered businesses will be required to keep digital VAT records and send their returns to HMRC using making tax digital (MTD) compatible software. Very recently, it was announced that NHS bodies, along with other not for profit organisations, would not have to comply with the new requirements until 1 October 2019. This is because they have to provide additional information on their VAT return. The pilot for the deferred businesses to test the MTD will open in Spring 2019, it has just been launched for those implementing the changes in April. This webinar will cover: •The background to the making tax digital initiative •How making tax digital will affect NHS bodies •What action needs to be taken and by when •What lessons have been learned from the implementation of the initiative so far To ensure that we can keep funding HFMA events, we often involve third party organisations and may share your forename, surname, job title and organisation on request. For further information please review our privacy policy.
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The Healthcare Financial Management Association (HFMA) is the professional body for finance staff in healthcare. For more than 70 years, it has provided independent and objective advice to its members and the wider healthcare community. It is a charitable organisation that promotes best practice and innovation in financial management and governance across the UK health economy through its local and national networks. The association also analyses and responds to national policy and aims to exert influence in shaping the wider healthcare agenda. The HFMA has achieved accredited continuing professional development (CPD) status with the CPD Standards Office for our national and networks webinars. Delegates that watch one of these webinars will be issued with an accredited CPD Certificate of Attendance for inclusion in their CPD records. Our sponsored webinars will still count towards unaccredited CPD hours. For further information please see our privacy policy