Overview
Making Tax Digital (MTD) is an HMRC government initiative, designed to simplify tax procedures for businesses and individuals. This means new changes to the tax system that self-employed people and business owners need to be aware of. In this Making Tax Digital course, learners will gain comprehensive knowledge of the new initiative and the changes and challenges of the updated system. This course also provides step-by-step training on how to get registered as a business or individual.
The MTD initiative is outlined in detail in this training program, which explains in-depth how the new tax system affects businesses and individuals. From the benefits of this new digital tax system to the data security concerns surrounding it, you will learn everything there is to know about managing your tax online.
Highlights of the Making Tax Digital:
- Gain an in-depth understanding of the Making Tax Digital (MTD) government initiative
- Explore the benefits of Making Tax Digital, such as improved HMRC services
- Have solid knowledge of MTD for businesses and the self-employed
- Familiarise with the rules and procedures for charging VAT as a business
- Understand the changes and challenges of the new tax system
- Learn how the new system affects businesses and individuals
- Have solid knowledge of the data security concerns regarding Making Tax Digital
- Get step-by-step guidance on how to sign up for Making Tax Digital for VAT
Course design
The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.
You are taught through a combination of
- Video lessons
- Online study materials
- Mock exams
- Multiple-choice assessment
Who is this course for?
This course is designed to provide in-depth information on the Making Tax Digital initiative. It is ideal for business owners and self-employed people who want to learn about the new system, its procedures, laws and regulations. There are no entry requirements for this course.
Why study this course
Whether you’re an existing practitioner or aspiring professional, this course will enhance your expertise and boost your CV with key skills and an accredited qualification attesting to your knowledge.
The Making Tax Digital is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16.
How is the course assessed?
To successfully complete the course you must pass an automated, multiple-choice assessment. The assessment is delivered through our online learning platform. You will receive the results of your assessment immediately upon completion.
Will I receive a certificate of completion?
Upon successful completion, you will qualify for the UK and internationally-recognised certificate and you can choose to make your achievement formal by obtaining your PDF Certificate at a cost of £9 and Hardcopy Certificate for £15.
Career path
On successful completion of this course, learners will have valuable knowledge of the next digital tax system and how it works. This course is ideal for tax accountants who want to learn about the new HMRC services that have been introduced in line with the MTD initiative.
Course Curriculum
Module 1: Making Tax Digital Basics | |||
Making Tax Digital Basics | 00:08:00 | ||
Module 2: Businesses and Charging VAT | |||
Businesses and Charging VAT | 00:08:00 | ||
Module 3: Making Tax Digital for Business | |||
Making Tax Digital for Business | 00:20:00 | ||
Module 4: Government’s Response to the Making Tax Digital Consultation | |||
Government’s Response to the Making Tax Digital Consultation | 00:08:00 | ||
Module 5: Taxpayer Readiness and Support Needs | |||
Taxpayer Readiness and Support Needs | 00:15:00 | ||
Module 6: Costs and Concerns of Making Tax Digital | |||
Costs and Concerns of Making Tax Digital | 00:10:00 | ||
Module 7: Benefits of Making Tax Digital | |||
Benefits of Making Tax Digital | 00:08:00 | ||
Module 8: The VAT Registration Threshold | |||
The VAT Registration Threshold | 00:08:00 | ||
Module 9: VAT Administration Including Guidance, Rulings, Penalties and Appeals | |||
VAT Administration Including Guidance, Rulings, Penalties and Appeals | 00:10:00 | ||
Module 10: Transforming Tax by 2020 | |||
Transforming Tax by 2020 | 00:12:00 | ||
Module 11: Conclusions and Recommendations | |||
Conclusions and Recommendations | 00:15:00 | ||
Mock Exam | |||
Mock Exam- Making Tax Digital | 00:20:00 | ||
Final Exam | |||
Final Exam- Making Tax Digital | 00:20:00 |
Training 10 or more people?
Get your team access to 3,000+ top courses anytime, anywhere.
Try One Education BusinessCourse Reviews
No Reviews found for this course.