We use cookies to make your experience better. By using xero.com, you accept our cookie notice terms.

Brought to you by

Get your practice ready for Making Tax Digital with Xero education

Posted 4 years ago in Advisors by Vikki Bean
Posted by Vikki Bean

Accountants and bookkeepers can now get ready for MTD with the UK’s first Making Tax Digital education course!

1.2 million VAT-registered businesses above the threshold must comply with Making Tax Digital by 1 April 2019. And the accounting community plays a key role in making sure clients get ready on time. In our role as a trusted partner to thousands of practices around the UK, Xero is committed to supporting accountants, bookkeepers and small businesses through this change in regulation.

We’re pleased to say that the thousands of UK businesses already using Xero to submit VAT returns are MTD ready. Our product team have been working closely with HMRC to upgrade our VAT functionality for Making Tax Digital. This means Xero subscribers that are already submitting VAT returns will be automatically upgraded in time for the April deadline. And at no extra cost! 

But hundreds of thousands of businesses are not yet ready, and we’re committed to helping them get compliant.

Introducing Xero’s free Making Tax Digital education course

To support accountants and bookkeepers with the digital accounting switchover we’ve launched the first Making Tax Digital education course.

Hundreds of firms around the UK have already completed the MTD-ready course. And many, including Jonathan Bareham, director and co-founder at London accounting firm Raedan, are now proudly displaying the MTD-ready badge on their Xero advisor directory listing.

“We love Xero’s training courses because they provide a great source of education for all our team,” Jonathan says.

“The Making Tax Digital course, in particular, allows us to make sure we’re all suitably prepared to support our clients and ensure they’re MTD ready. It’s also clear that it gives businesses confidence that we know what we say we do! I’d highly recommend all Xero partners complete the course and get the MTD Ready badge, even if they feel they’re already prepared.”

What does the Making Tax Digital course include?

The course features four elements:

  1. What Making Tax Digital means and how it will impact firms and clients
  2. Best practice for getting firms digital-ready, including how to segment and migrate VAT clients to Xero
  3. How to communicate Making Tax Digital to clients and get free downloadable resources
  4. How to review your client base to identify the right clients to migrate at the right time, and improve efficiency for your staff.

What happens when I’ve completed the course?

You’ll earn the new MTD-ready badge for your firm’s Xero advisor directory listing once you’ve completed the course. Plus we’ll send you a beautiful digital badge to proudly display on your website, social media and email signature. This is a great way to show clients that you’re ready for Making Tax Digital and that you can get them ready too!

We’re also running joint webinars with HMRC. You can register for the next Xero & HMRC webinar on 5 September at 10 am.

How can I get ready for Making Tax Digital?

Each element of the MTD course can be completed separately, either through one of our live webinars or workshop sessions or anytime online via our e-learning course. Discover more about the MTD-ready learning journey

Xero’s Making Tax Digital course is only available to Xero partners. If you’re not a Xero partner, and you’re an accountant or bookkeeper in practice, sign up to the Xero partner programme by visiting xero.com/partners or email us: partnerteam@xero.com

Leave a reply

Your email address will not be published.