What Making Tax Digital Is
MTD is HMRC’s programme requiring businesses to keep digital records and file tax information using compatible software rather than paper or the old portal.
Who Is Affected
VAT-registered businesses already file under MTD, and MTD for Income Tax is extending digital filing to sole traders and landlords above the income threshold.
What You Need to Do
Move your records to MTD-compatible software, link your bank feeds, and get into the habit of recording income and expenses as they happen.
The Upside of Going Digital
Digital records cut errors, give you real-time profit figures and make tax estimates far more predictable.
How Businesswise Accountants Can Help
We set up the right software, migrate your records and handle every digital submission for you.