Rothmans Accountants and Barclays Bank recently hosted a Breakfast Seminar in Winchester on ‘Making Tax Digital’ and ‘Cyber Security’. Jonathan Poulter spoke on behalf of Rothmans Accountants and Alex Douglas for Barclays Bank.
Jonathan has been a Partner at Rothmans Winchester for the past three years and specialises in owner managed businesses. He began the seminar by giving a background to Making Tax Digital and the driving force from the Organisation for Economic Co-operation and Development (OECD) behind its agenda. Some of the topics discussed were exemptions, what’s expected in the future and the timetable for implementation. Another key consideration noted was the implications of digital record keeping for Making Tax Digital.
Alex, who has over 20 years of experience in banking and is currently the Digital Engagement Manager of Barclays, followed on by speaking about Cyber Security. He identified the progression of data storage and the multiple advantages of using the cloud combined with APIs in business; advantages which include remaining up to date, secure and cost effective. Furthermore, these applications can manage cash flow, sales, operations, marketing and of course streamline the process of Making Tax Digital.
The event was well attended, received and enjoyed – even more so thanks to the delicious complimentary pastries, teas and coffees which are an essential for any breakfast seminar!