Making Tax Digital is coming, and HMRC says it's simple. Your clients and customers aren't so sure.

In this first episode of Money MIC, The Business Owner's Money Show, host Sian Murphy sits down with international accountant and CFO Michele Yanni-Attard and her team from Future Insight Consultancy Group to cut through the confusion around MTD and tell you exactly what it means for your business. In plain English.

They cover:

• What Making Tax Digital actually is, and why it's not as simple as HMRC suggests
• The critical difference between sole traders and limited company directors - and why it matters for whether MTD applies to you at all
• The £50,000 income threshold, how it's calculated, and the scenarios that trip people up
• What quarterly submissions mean in practice, and whether they really mean more work
• The Government Gateway, the HMRC app, and how to get yourself set up
• Why acting now - even if you don't yet hit the threshold - is the smart move

Whether you've had a letter from HMRC, ignored one, or never heard of Making Tax Digital until today, this episode gives you a clear picture of where you stand and what to do next.

Money MIC is the show that treats you as a whole financial being and that means your business finances and your personal finances together, in one place. Because you can't really separate the two.