This episode of Fresh Perspectives explores Making Tax Digital for Income Tax and what it means for business owners, landlords and the self-employed as the biggest change to the UK tax system in decades comes into effect.

Rob Brown is joined by Anita Holmes, MTD Client Services Director at Azets, and Stuart Miller, Director of Product Compliance and Industry Engagement at Xero, to explain what the new rules mean in practice and who is impacted.

We cover the key dates, what quarterly reporting involves and whether this marks the end of the traditional self-assessment process.

The discussion highlights how prepared businesses really are, with recent data showing that most people have yet to take meaningful steps towards compliance. Anita shares insights from Azets’ involvement in the HMRC beta programme, including common client concerns and where businesses are already facing challenges.

We also look at the potential benefits of this shift, including improved visibility, better decision making and fewer last-minute surprises, as well as how the rules may evolve in the coming years.

You can connect with Anita Holmes and Stuart Miller on LinkedIn

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Fresh Perspectives is the business podcast from Azets where advisers, experts and leaders share fresh thinking to help you move forward with confidence.

Each episode explores real-world challenges and opportunities for business owners and entrepreneurs, from finance and growth to leadership and technology.

Formerly Bang The Drum, the show continues Azets’ commitment to sharing practical advice, new ideas and inspiring stories from across the business community.

This podcast has featured at #1 in the Apple Podcast charts for Management podcasts and #19 in the Apple Podcasts charts for Business podcasts.

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