The Charity Tax Group (CTG) is grateful to the Charity Finance Group (CFG) for granting permission to reproduce the slides from a recent webinar on a Making Tax Digital (MTD) Case Study with Cancer Research UK (CRUK).

Slides: Webinar Making Tax Digital – CRUK Case Study

Following an introduction by Richard Sagar (CFG) and Richard Bray (Finance, Regulatory and Taxes Manager at CRUK and CTG Vice-Chair), Rosie Durham (Tax Projects Manager at CRUK), builds on her presentation at CTG’s Tax Conference to give a detailed overview of the steps the charity is taking to ensure compliance with MTD.

Rosie’s presentation covered the following issues:

• Reminder of key deadlines
• Setting the scene: CRUK’s current VAT Return process
• Adjustments: examples
• How will Making Tax Digital affect CRUK?
• Approach to the Making Tax Digital project
• What can stay the same/what will CRUK need to do differently?
• What have HMRC said about adjustments? (as referenced in Rosie’s presentation see also https://www.charitytaxgroup.org.uk/news-post/2018/making-tax-digital-updates-discussions-hmrc-permitted-adjustments/)
• How will CRUK meet the 2019 & 2020 deadlines?
• Digital links and digital records
• Challenges encountered/areas where CRUK is seeking clarity

A link to a recording of the webinar can also be accessed here (NB you may need to wait for the page to redirect and will need to register for access)

CTG’s website includes a wide range of MTD resources here.