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Making Tax Digital (MTD)

Easier Accounting
The Government's program to move tax accounting into the 21st century for businesses and individuals.

Making Tax
Digital (MTD)

Making Tax Digital (TIMELINE)

 APRIL 2022
VAT-registered businesses must use recognised software to keep digital records and submit VAT TO HMRC

APRIL 2024
MTD for Income Tax Self Assessment will apply for general partnerships with an annual turnover of £10,000


April 2026
MTD for Income Tax Self Assessment will apply for annual business or property income of more than £50,000
 

April 2027
Making Tax Digital for Corporation Tax to be introduced at the earliest

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