The Tax Faculty kicked off the 2018 webinar schedule with another instalment in the Demystifying Making Tax Digital (MTD) series. On 16 January 2018 Anita Monteith and Sarah Ghaffari discussed the specific VAT requirements including who is in and who is out, what needs to be recorded digitally and how businesses will be able to do so. If you missed the webinar you can watch the recorded version.
We received a number of questions during the webinar which we have now answered and published in TAXguide 02/18, available to ICAEW members and Tax Faculty members.
Some of the questions asked include:
Not ones to blow our own trumpet, but the feedback received after the webinar was great. We asked what key messages viewers had taken away; here were some of the comments:
There is still time to comment on the draft VAT regulations published on 18 December 2017, and you can do so by emailing them to email@example.com or to HMRC directly firstname.lastname@example.org by 9 February 2018.
We also run other events and webinars which will be of interest to members and which are free to members of the Tax Faculty. You do not have to be an ICAEW member to join the Tax Faculty.
Visit the ICAEW.com website to see the full list of our events in 2018 and for more information about MTD visit our hub www.icaew.com/mtd.