{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/642d2bf81c2e260011ec1fdd/6a3d06f76543445ae91790b3?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"30 in 30 - Episode 25 - Making Tax Digital: What Flooring Businesses Need To Know","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/642d2bf81c2e260011ec1fdd/1782384294663-8b53c10a-6bd2-4285-a2d3-cc9e653afb80.jpeg?height=200","description":"<p>Making Tax Digital might not be the most exciting topic in the world, but for flooring business owners, it is one that cannot be ignored.</p><p><br></p><p>In this episode of The UK Flooring Podcast, Sarah takes over the show to break down Making Tax Digital in plain English. No jargon, no panic, and no overcomplicated explanations. Just a practical look at what it means, who it affects, and why it could actually help flooring businesses get a better grip on their numbers.</p><p><br></p><p>Sarah explains why Making Tax Digital is not just another HMRC headache, but a reminder that many businesses need better habits around bookkeeping, cash flow, margins and financial visibility.</p><p><br></p><p>Rather than leaving everything until January, stuffing receipts in drawers, or handing a carrier bag of paperwork to the accountant once a year, this episode encourages business owners to get organised, use the right software, and start reviewing their numbers regularly.</p><p><br></p><p>What You’ll Learn in This Episode</p><p><br></p><p>What Making Tax Digital means in simple terms.</p><p><br></p><p>Why HMRC wants businesses and self-employed people to keep digital records.</p><p><br></p><p>How quarterly updates differ from a traditional annual tax return.</p><p><br></p><p>Why some flooring businesses are panicking about the change.</p><p><br></p><p>How software like Xero, QuickBooks, Sage, Hubdoc and Dext can help.</p><p><br></p><p>Why bookkeeping should be seen as a management tool, not just a tax chore.</p><p><br></p><p>The importance of understanding your margins, profit, cash flow and liabilities.</p><p><br></p><p>Why relying only on your bank balance can give you a false picture of your business.</p><p><br></p><p>How better financial habits can lead to better business decisions.</p><p><br></p><p>Why getting organised now is far better than leaving it until the deadline.</p><p><br></p><p>Memorable Quote</p><p><br></p><p>“Making Tax Digital isn’t really about tax. It’s about visibility, accountability, better habits, better decisions and ultimately, a better business.”</p><p><br></p><p>Speaker Information</p><p><br></p><p>This episode is hosted by Sarah from Cockerill &amp; Co, who works closely with flooring businesses to help them understand their numbers, improve their processes and build stronger, more sustainable businesses.</p><p><br></p><p>Where to Find The UK Flooring Podcast</p><p><br></p><p>Watch or listen to The UK Flooring Podcast for honest conversations, practical advice and real-world insight for flooring retailers, fitters, contractors and business owners across the industry.</p><p><br></p><p>Find the podcast on YouTube, Spotify and Apple Podcasts.</p>","author_name":"Cockerillandco"}