By the end of this course, you'll be able to:  understand the basics of HMRC and accounting requirements  describe the basics of Making Tax Digital (MTD)  identify how to find appropriate support for individual requirements based on the latest developments  define procedures required by HMRC in reporting VAT  understand different VAT rates  identify tax allowable business expenditure  recognise VAT invoices  calculate VAT  describe the basics of bookkeeping and accounting methods  examine the features of an accounts spreadsheet  record transactions for VAT returns  allocate transactions to relevant headings to produce management accounts  review financial administration processes and identify areas for improvement of a business  extract information from management accounts  develop a bookkeeping system relevant to the business  create an accounts spreadsheet