HMRC's Making Tax Digital & Employment Rights Bill - What you need to know!

Don't Miss Out on HMRC's Making Tax Digital & Employment Rights Bill!

Navigating the changing landscape of business compliance can be challenging for Sole Traders and Small to Medium Enterprises (SMEs). Join us for an essential session that demystifies two key legislative updates set to affect your business in 2026 and beyond: Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) and the Employment Rights Bill.

The session will be split 50/50 with an opportunity to have your questions answered by experts in these challenging times for small businesses.

MTD for ITSA

Karen will be delivering an informative session on Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) designed especially for sole traders and landlords with annual income exceeding £50,000. She will explain what steps you need to take to ensure compliance with HMRC’s quarterly reporting requirements and how to prepare your business or property accounts effectively.

During the session, Karen will:

• Outline the key obligations under MTD for ITSA, including digital record-keeping, submission deadlines, and software requirements.
• Provide a practical walkthrough of how to use Xero to capture income and expenses, maintain digital records, and submit quarterly updates to HMRC.
• Discuss how business owners and landlords can stay compliant, avoid penalties, and streamline their bookkeeping processes using digital tools.
• Offer insights into how MTD will affect those with turnover below £50,000, as HMRC progressively lowers the thresholds to bring more self-employed individuals into the scheme.
• Share practical tips on getting ready for MTD from choosing the right software setup to adjusting your record-keeping habits and workflows.

This session will be relevant not only for those already within the first phase of MTD but also for anyone looking to understand what’s coming and how to future-proof their processes.

Employment Rights Bill

Helen will be covering what changes to expect in employee and employer rights, and how to prepare your business effectively.

You will also gain insight into the forthcoming Employment Rights Bill, covering what changes to expect in employee and employer rights, and how to prepare your business effectively.

During the session Helen will also give insight into the forthcoming Employment Rights Bill which includes proposals to;

• Reducing the qualifying period for unfair dismissal claims from 24 months to 6 months

• Implementing "day-one rights" for sick pay and paternity leave from April 2026
• Lifting the compensation cap on unfair dismissal to allow for higher claims
• Enhancing protections for those taking industrial action, making dismissals for participating automatically unfair

Delivered by experienced professionals specializing in bookkeeping and employment law, this event is a must-attend for business owners who want to future-proof their operations with confidence and clarity.