Now that Making Tax Digital (MTD) for VAT is in effect, it’s easier to reflect on HMRC’s digitalisation initiative with clarity.
Where before certain parts of the legislation initially appeared unclear, today we’re able to identify the exact responsibilities of both clients and accountants. Whether that’s knowing how to move your accounts online or selecting bridging software to ensure compliance, all parties now have the resources to stay on the right side of the taxman come tax return deadlines.
With less than two months to go, are you Making Tax Digital (MTD) ready? If not, AIA would urge members to attend the upcoming ‘Making Tax Digital’ webinar on 18 March as Amanda Swales, Director of GoSimple Software covers all the facts and figures, digital software and new processes members will need to undertake in order to make sure their clients are MTD ready by 1 April 2019.
Do you know your responsibilities to your clients under the current legislation if you have data compromised as a result of a cyber attack? In the event that you have data compromised as a result of a cyber attack there is a good chance that client data will also be compromised so you do need to be aware of your responsibilities under legislation.
AIA is delighted to announce a new strategic partnership with industry leading General Data Protection Regulation (GDPR) specialists, The Data Support Agency. The collaboration will provide AIA members with a cost effective, solutions driven approach for the implementation and maintenance of best practice around their own data compliance, which in turn will ensure their clients can be assured that their own data is being well maintained.
The AIA annual conference took place on 18 January 2019 at the Crowne Plaza Hotel in Newcastle upon Tyne with the focus predominately on the development of the new AIA Professional Qualification, changes to the UK’s Corporate Governance Code and changes to the IFAC International Code of Ethics for Professional Accountants.
The AIA is pleased to announce that Associate Member Professor Mark Watson-Gandy recently published his latest book titled ‘KidsMBA: How to Build a Successful Business: Essential Skills and Know-How for Future Billionaires’.