Making Tax Digital and other tax essentials, with Mahmood Reza ONLINE
Creative businesses and freelancers are facing new changes with HMRC’s Making Tax Digital (MTD) rules. Many will also continue to manage their obligations under the self-assessment system. It’s vital to understand what’s changing, what remains the same and how to stay compliant without unnecessary stress. On top of this, understanding and managing your money plays a big supporting role in your business survival and success. Learning to appreciate and focus on the financial tasks, the money and tax framework you operate in means you have a better chance of also making money, and saving time. What’s not to love?!
This workshop will cover:
What Making Tax Digital means for freelancers
Who will be affected and when
Quarterly reporting vs. annual tax returns
Choosing digital tools and software that work for creatives
Allowable expenses refresher – what can be claimed
VAT essentials: thresholds, schemes, and when registration makes sense
Payments on account – what they are and how to plan for them
National Insurance updates and pensions
Common HMRC red flags and how to avoid costly mistakes
Practical tax planning tips to stay financially resilient
At the end of the workshop you will:
Understand how MTD changes will affect you and when you need to act
Feel confident about digital record-keeping and choosing software
Know the key deadlines, what needs submitting, and how tax is calculated
Appreciate how to avoid common errors, HMRC penalties, and last-minute stress
There are two half-price places available for freelancers who have been trading for less then three years – these are designed for people who wouldn’t otherwise be able to attend; please only apply for a low-cost place if you need one. Please email hello@many-hats.org to enter the lottery for these places, which will be drawn one month before the workshop date.
About Mahmood Reza
Accountant, educator, author and mentor, helping you and your business improve your money mindset, financial awareness, helping you make more money, save tax and time.
It’s my belief that once you understand what your numbers are, where they come from, and what they mean, you can use them to make better decisions and ultimately make (or keep) more money. What every business owner wants, right?
I have worked with artists, the arts and creative industries as an advisor, volunteer, and trustee for over 40 years. My business life of over 30 years has been about supporting the businesses, social enterprises and entrepreneurs of today and tomorrow.