Making Tax Digital (MTD)
What is MTD?
- Making Tax Digital
- a UK Government initiative to ease the process for businesses and individuals to get their tax right and stay on top of their affairs
Who will it affect?
- All VAT-registered businesses
- Even if under £85k turnover
- Soon: Income and Corporation Tax (from 2026+)
What Do You Need to Do?
- Use Xero / QuickBooks / FreeAgent
- Keep digital records
- Submit VAT Returns through MTD software