The Small Business Sessions, Enterprise Nation's podcast powered by Xero, is back for another episode. Series four, hosted by Enterprise Nation head of content Dan Martin, features a brilliant line-up of entrepreneurs and experts sharing insights and inspiration on how to start and grow a brilliant business. In episode two, Sylwia Kotarba from Accounts and Legal discusses Making Tax Digital (MTD), the government initiative which aims to see the end of the tax return and transform the tax system. Since April, businesses with turnover above the £85,000 VAT threshold have been required to submit tax information digitally in an effort to make systems and businesses more efficient and deal with the £9.4bn tax revenues lost each year due to errors.In the podcast, Kotarba explains what MTD is, what you need to do to comply and what happens if you don't. She also provides great advice on how to select the perfect accountant for your business. To find out more, go to www.enterprisenation.com/podcastUseful resources relevant to this podcast:Making Tax Digital government advice: https://buff.ly/2p98ACXEnterprise Nation Making Tax Digital hub: https://buff.ly/2oi6ZKu
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