Big news. Bigger changes. 💡
Our Making Tax Digital leads Harry Palmer-Brown and Naila Anwar have had a busy February supporting British Medical Association members!
First, on 13th February, they headed to BMA Headquarters in London to deliver an in-person presentation on Making Tax Digital for Income Tax. Then, on 24th February, they took to the virtual stage for not one but two webinars for BMA members across the country.
Making Tax Digital for Income Tax is quite simply the most significant shake-up to the UK tax system in 30 years.
They covered:
✅ What MTD for Income Tax is and who it affects
✅ Key deadlines you can't afford to miss
✅ Practical steps to get MTD-ready
✅ Exemptions
✅ What it means specifically for doctors and healthcare professionals, including the benefits
The feedback was fantastic and the questions showed just how much confusion and concern is out there around this change.
If you'd like the same clarity and confidence our BMA attendees walked away with, we're here to help.
To learn more about the BMA, click the link here Join the BMA
📩 Drop us an email or give us a call to find out more.
The Chancellor announced his Spring 2024 Budget, no doubt with one eye on the upcoming General Election. He did not announce any major policy changes, leading to speculation that there may be a further mini-Budget before voting day. Time will tell if any significant tax changes are announced in the coming months, but Alec James meanwhile provides a summary of the key points from Jeremy Hunt’s latest address at the dispatch box
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