Are you ready for Making Tax Digital? Discover how to prepare for the new era of digital tax

Get your free guide to Making Tax Digital

Make sure you're prepared as HMRC starts rolling out its strategy for a digital tax system.

Enter your email address to download your free guide and receive accounting tips from FreeAgent.

Resources

What is Making Tax Digital?

Who does it apply to and when will the changes be happening? Find out the basics of what we know so far about HMRC's digital strategy.

Five things you need to know about MTD for Business

Discover the key facts about HMRC's digital tax strategy that every small business owner and self-employed person should know.

Are you exempt from Making Tax Digital?

Find out who HMRC has confirmed will be exempt from digital tax obligations.

What do small businesses really think about the government's plans for a digital tax system?

Find out how small businesses and freelancers really feel about Making Tax Digital in the results of our recent survey.

Latest developments

UPDATE (08/03/2017): Making Tax Digital 2017 Budget updates

Find out what Making Tax Digital announcements were made in this year's Budget.

UPDATE (07/03/2017): Making Tax Digital 2017 Budget predictions

Emily Coltman FCA, looks ahead to this year's Budget to predict what might be in store for Making Tax Digital.

UPDATE (31/01/2017): HMRC publishes consultation response

HMRC responds to comments from taxpayers following the publication of its consultation for Making Tax Digital last August.

UPDATE (15/08/2016): What we've learned about MTD from the consultation documents

HMRC has published consultation documents setting out how it sees Making Tax Digital working and inviting comments from small business owners. Here's a summary of key takeaways from our chief accountant, Emily Coltman FCA.

thumbnail for making tax digital summary video

Video: A quick summary of MTD

Emily Coltman FCA, chief accountant to FreeAgent, gives a brief overview of what Making Tax Digital is, what's happening next and how you can keep up-to-date with progress.

thumbnail for making tax digital webinar

Video: What Making Tax Digital means for small business accounting

Ed Molyneux, Founder and CEO of FreeAgent, discusses what MTD means for small businesses and their accountants.

More from HMRC

How HMRC will transform the tax system

The latest guides from HMRC including its Making Tax Digital roadmap, case studies and MTD myth buster.

Consultation documents

The consultation period ended in November 2016, but you can still read about the various considerations of HMRC's digital tax strategy.

Making Tax Digital webinar

Watch a recording of HMRC's introduction to Making Tax Digital webinar including an overview of all the consultations around specific elements of the Making Tax Digital reforms.

Roadmap

January – June 2017

Pilot of roll-out starts in April.

July – December 2017

Digital tax accounts show taxpayers an overview of their tax liabilities in one place.

July – December 2018

Businesses, self-employed people and landlords with turnover above the VAT threshold start updating HMRC quarterly for Income Tax and National Insurance obligations through accounting software.

2019

Businesses, self-employed people and landlords with turnover between the minimum MTD threshold of £10,000 and the VAT threshold start updating HMRC quarterly for Income Tax and National Insurance obligations through accounting software.

MTD starts for VAT figures and returns.

2020

Most businesses, self-employed people and landlords can start updating HMRC quarterly for Corporation Tax obligations through their accounting software.

The full range of HMRC services are available through digital tax accounts.

Other Topics

Find out more about FreeAgent

Discover how cloud accounting software can help you manage your business finances.

Take a tour of FreeAgent