26 September - Making Tax Digital for Income Tax: Get your practice ready
Event summary
Gain insights into how Making Tax Digital (MTD) for Income Tax will impact you and your clients directly from the HMRC experts leading on delivering this change. Stay ahead of the curve and gain crucial insights into the latest developments, including how to get early access to test the service before it becomes a legal requirement from April 2026. If you or your clients are self-employed taxpayers or landlords with total income above £50,000, this webinar is a must-watch.
Our panel explore the voluntary testing programme, including eligibility and early enrolment benefits, and share insights into penalties for late submission and payment, especially during the transition period.
HMRC’s experts also provide clarity on quarterly updates, who may be exempt and explore how MTD for Income Tax aligns with HMRC’s broader digitalisation strategy to improve services for taxpayers and agents.
(Duration 1 hour and 4 minutes. Originally recorded on 26 September 2024)
Who are the speakers?
(Please note that views and opinions expressed by speakers at ICAS webinars are their own and not necessarily reflective of ICAS’ views.)
- Hosted by Chris Campbell BA (Hons) CA CTA ATT, ICAS Head of Tax (Tax Practice and Owner Managed Business Taxes)
- Craig Ogilvie, HMRC MTD Director
- Lenny Barry, HMRC MTD Programme Support
Who’s this for?
- ICAS members interested in tax
- ICAS students interested in tax
- Non-members interested in tax
Counts as CPD activity
Depending upon your individual role and training and development needs, watching this webinar can count towards your annual Continuing Professional Development (CPD) requirement.