The Small Business Sessions podcast (series four, episode two): Making Tax Digital and choosing the perfect accountant
Posted: Wed 2nd Oct 2019
It's time for another episode of the Small Business Sessions, Enterprise Nation's podcast powered by Xero.
For series four, a brilliant line-up of entrepreneurs and experts share insights and inspiration on how to start and grow a brilliant business.
Hosted by Enterprise Nation head of content Dan Martin, we're covering issues including business growth, retail, late payment, mental health and alternative finance over 12 episodes.
Episode two: Making Tax Digital and choosing the perfect accountant
Episode two features Sylwia Kotarba, associate director at Accounts and Legal, discussing Making Tax Digital (MTD), the government initiative which aims to see the end of the tax return and transform the tax system.
Since April, businesses with turnover above the £85,000 VAT threshold have been required to submit tax information digitally in an effort to make systems and businesses more efficient and deal with the £9.4bn tax revenues lost each year due to errors. The deadline is 7 October.
In the podcast, Kotarba explains what MTD is, what you need to do to comply and what happens if you don't.
She always provides great advice on how to select the perfect accountant for your business.
Some useful resources relevant to this podcast:
Listen to the podcast and rate, review and subscribe on Apple Podcasts, Spotify, Stitcher and other podcast platforms.
Whether you're having trouble finding the numbers you need in spreadsheets, or looking for funding, having beautiful accounts is a must. That's why we've teamed up with Xero to offer you online accounting software to help you manage your cashflow and finances. If you're a start-up earning less than £50,000 per annum, sign up to Xero for Startups with an exclusive 50% off for 12 months!
Ths podcast was recorded and edited by Enterprise Nation member and audio production service, Podraffi.
To hear previous episodes of the Small Business Sessions, go here.
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