As an accountant, you’re no stranger to the challenges of keeping up with tax legislation. With Making Tax Digital (MTD) continuing to evolve, it’s crucial to stay informed – but who has the time to sift through endless reports and updates?
That’s why we’ve created a clear, concise, and easy-to-understand 5-minute video that explains everything you need to know about MTD in one quick watch. Whether you’re looking to refresh your knowledge, update your team, or find a simple way to explain MTD to your clients, this video is the perfect resource.
Why should you watch this video?
- It’s simple and jargon-free: MTD can seem complicated, but this video breaks it down into plain English. No technical overload — just the key facts you need.
- Covers everything in less than 5 minutes: You’re busy, and we get that. This video gives you a complete overview in the time it takes to grab a coffee.
- A perfect resource for your clients: Many business owners struggle to understand what MTD is or means for them. This video is an easy way to educate your clients without overwhelming them.
What’s inside the video?
✔ A quick introduction to Making Tax Digital: What it is and why it was introduced
✔ A brief history of MTD: Key milestones and how the system has evolved
✔ What’s happening right now: The latest updates and changes affecting businesses
✔ What’s next?: Upcoming deadlines and what businesses need to do to stay compliant
✔ How MTD affects accountants and their clients: The impact on tax submissions and business processes
By the end of the video, you’ll have a solid understanding of MTD and feel confident explaining it to your clients. Instead of spending hours researching, you’ll get all the essential details in just five minutes.
Why this video is a must-share with your clients
One of the biggest challenges accountants face is ensuring their clients understand and comply with MTD. Many business owners are still confused about what MTD means for them and how to prepare for the changes.
This video makes it easy. Simply share it with your clients, and they’ll get a straightforward explanation without the complexity. Whether they’re new to MTD or need a refresher, this resource will save you time and help them stay compliant.
Bright is here to help
We understand that getting clients up to speed with MTD requirements can feel like a drain on your time – especially when you’d rather be focusing on profitable, advisory work.
That’s why we’ve created a set of practical, time-saving resources designed to help you educate and onboard your clients for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA).
Take a look at the MTD Hub to learn more.
