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TAX NEWS

Hear from HMRC’s new Director General on Making Tax Digital

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Published: 31 Mar 2021 Update History

Join a webinar on 15 April organised by ICAEW’s Tax Faculty to have your questions on MTD and the digital transformation of the UK’s tax system answered by Jo Rowland, the recently appointed Director General of HMRC’s Transformation Business Group.

Open to all ICAEW members, the webinar looks beyond the pandemic and Brexit to how the UK’s tax system will transform in the second quarter of the 21st century.

Plans to transform the system through use of technology are well underway, even though to date its impact on the general public has been relatively modest.

ICAEW members remain at the forefront of the changes as they are implemented. The next few years will make digitalisation compulsory for many more taxpayers.

There has already been cost and a steep learning curve for many, both in business and in practice, but what is next and how should agents and businesses prepare?

In this webinar, Jo Rowland, the recently appointed Director General of HMRC’s Transformation Business Group will discuss progress of the Making Tax Digital (MTD) programme and plans for the extension to:

  • VAT for voluntarily registered businesses from April 2022;
  • income tax from April 2023; and
  • corporation tax with mandation not before April 2026.

ICAEW Tax Faculty’s Caroline Miskin will consider the likely impact from an agent perspective and Anita Monteith from a business perspective.

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