Course Details

In this session, Rebecca Benneyworth takes you through the requirements of the Regulations in relation to MTD for income tax, with reference to the primary legislation in the Taxes Management Act 1970. It then looks at the practical steps you should be implementing to prepare and the options for bringing clients into the pilot. It includes:

  • Amendments to TMA 1970 made by Finance (No 2) Act 2017
  • The MTD for Income tax Regulations and final tertiary legislation (if published by the date of the session)
  • Digital records, digital links – what is the minimum? How to get started
  • What has to be done quarterly? How to organise it
  • What is the annual requirement?
  • Reporting income not covered by MTD
  • Where does basis period reform fit in?

CPD Course Speaker

Rebecca Benneyworth Training

Rebecca Benneyworth

Rebecca is an ICAEW Chartered Accountant. She is a lecturer, writer and consultant on a variety of taxes, lecturing extensively throughout the UK, to accountants, business people and also to HMRC and the Treasury. She has her own accountancy practice based in Gloucestershire, with a variety of small business and personal tax clients.

During the last two years, this has become a 100% digital practice. She is Chair of the HMRC Digital Advisory Group, providing help and support to HMRC in understanding the challenges that Making Tax Digital presents to small businesses and their advisers.

She is also a member of the Admin Burdens Advisory Board, an independent advisory group to HMRC monitoring the burdens which the tax system imposes on businesses.