In the Autumn Budget, the government announced funding of £1.4 billion to recruit an additional 5,000 HMRC compliance staff in the next five years to raise £6.5 billion in extra revenue per year by 2029/2030. A significant part of this will come from VAT, so businesses can expect to see increased scrutiny into how they are managing VAT.
This webinar will look at HMRC’s recently published guidelines on compliance for VAT. The guidelines are the latest in a series that sets out HMRC’s expectations on how businesses should manage their tax affairs
What we will cover
- Overview of HMRC’s guidelines
- What is their purpose?
- What do they cover?
- Risk management
- How to identify risk.
- How to manage it.
- Internal controls
- How to design them.
- Making them work.
- Data and people
- How to manage data.
- Managing people.
- Next steps
- How to become compliant.
- Maintaining ongoing compliance.
Who should attend
The webinar is aimed at tax and finance staff with responsibility for their business’ VAT compliance position and/or VAT relationship with HMRC.
Cost
There is no cost to attend this event.
Register now
When
11:00 Webinar starts
12:00 Webinar ends
Location
This is a virtual event. Log in details will be sent in advance of each session.