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Making Tax Digital for VAT made simple with Xero: Be part of our webinar

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This month, for those who’re a VAT-registered enterprise with taxable turnover beneath £85,000, you will have obtained a letter from HMRC. The letter explains that from April 2022 you’ll need to adjust to Making Tax Digital (MTD), the brand new digital tax laws. In the event you’re an eligible enterprise that hasn’t obtained this but, you doubtless will quickly.
Which means that small companies which can be submitting VAT by means of the HMRC portal or the publish should begin sustaining information digitally and file VAT returns by means of appropriate software program in time for the deadline. 
And whereas April 2022 could really feel like loads of discover, it’s by no means too early to get forward of the sport. The truth is, it’s extraordinarily necessary for companies to arrange for digital information and MTD software program as quickly as potential. 
That’s why we’re internet hosting a webinar, showcasing how small companies and their accountants could make MTD VAT submissions simple, utilizing Xero. Going down on a number of dates over the upcoming months, with the following scheduled for 29 November 2021, 13 December 2021 and 14 January 2022, you may signal as much as the free webinar right here. Extra dates will likely be introduced quickly. 
What you may anticipate
Our knowledgeable host will kick issues off with a fast clarification of the very important significance of cloud accounting software program for blossoming companies. 
With an illustration of how information is captured and processed in Xero, from financial institution feeds to invoicing, buy payments and bills, you’ll get a fast overview of how one can obtain larger management, connectivity, and collaboration forward of MTD for VAT, and past. 
Our host will then take you thru a breakdown of MTD to this point, tackling what it’s, when will probably be launched, and the way it will work. Then, there will likely be an illustration of the end-to-end technique of submitting a VAT return utilizing Xero, showcasing the convenience and effectivity of a once-painstaking course of by means of our compliant software program. 
You may as well submit your personal inquiries to be answered by our knowledgeable, who will help deal with any considerations you will have because the letters land in your doorstep. For different fast recommendations on how small companies can put together for MTD for VAT, you may try our latest article, or go to our MTD web page for extra info.

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