BTCSoftware with the IFA in Yorkshire
BTCSoftware was in Yorkshire with the IFA in November covering both Rotherham and the Huddersfield conferences.
Opening the conferences was John Edwards, CEO of IFA. Edwards is an experienced chief executive officer with a demonstrated history of working in the accounting industry who is skilled in budgeting, business planning, managerial finance, strategic planning, and accounting.
Edwards is a fellow member of the Institute of Financial Accountants and the Institute of Public Accountants of Australia.
Both events were mainly based around the final countdown to Making Tax Digital for VAT (MTD) legislation date and how to prepare for it. There was much talk about Making Tax Digital (MTD) for Business and where HMRC is up to regarding the timeline.
Michael Cameron, who is in an HMRC Transformation role was on hand to inform and discuss with the visitors. Cameron has worked for HMRC for over 30 years on various programmes such as the introduction of self assessment, managing the transition to the year 2000 and the Carter Programme (SA Online Filing and VAT Online Filing).
He is now working with a wide range of business customers to explain HMRC’s digital plans and he is currently responsible for HMRC’s strategy to encourage volunteers to join Making Tax Digital pilots.
The talk covered an overview of what MTD is and why IFA members must act now and included practical tips on what IFA members need to consider and do now.
There was also an overview of the solutions are out there, such as the BTCHub and live demonstrations of how to prepare a VAT return and how to submit it to HMRC to show how straightforward the process can be.
Attendants also had the opportunity to discuss IFA Books+. The participants gained a good understanding of MTD now draft legislation has been produced by HMRC and left the sessions with practical tips on what needs to be done to be MTD ready.
There was a variety of exhibitors at both events. BTCSoftware enjoyed the live demonstrations and hoped that everyone else also did!
Can we help?
Do you have any questions relating to the live demonstrations on BTCHub our MTD Solution or would like a one-to-one demo of any of our products? Contact the sales team at [email protected] or call 0345 241 5030.